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Ratings

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  • Legg restructures debt amid signs of turnaround

    Legg restructures debt amid signs of turnaround
    Legg Mason plans to close a deal this month to restructure $650 million in debt, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds.
  • Not another debt limit fight [Editorial]

    Not another debt limit fight   [Editorial]
    Well, so much for the return of reason to the Congressional budget debate. Even before the ink was dry on the bipartisan agreement that is supposed to stabilize the budget debate for the next two years — and before the Senate has even voted on the...

    Carroll receives positive credit ratings

    Carroll receives positive credit ratings
    Carroll County received positive credit ratings, including one upgrade, from bond rating agencies after the county's annual bond review in New York. Carroll received a AAA rating, the highest possible, from both Fitch Services and Standard and Poor's...

    Investors wary and weary, but not panicked over debt ceiling standoff

    Investors wary and weary, but not panicked over debt ceiling standoff
    After plunging early in the week over fears that the United States might default on its debts, stocks rallied Thursday and Friday after House Republicans showed a willingness to temporarily extend the debt ceiling for six weeks. Investors clearly were...

    Bond outlook upgraded for Anne Arundel County

    Bond outlook upgraded for Anne Arundel County
    Credit rating house Standard & Poor has assigned Anne Arundel County's bonds a AAA rating and upgraded its assessment of the county's fiscal outlook from "negative" to "stable," officials announced Monday. Moody's, another credit rating house, gave...