New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s

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(Bloomberg) — Syracuse, New York’s Destiny USA, one of the largest malls in the U.S., had the ratings on about $300 million of municipal bonds cut to junk by Moody’s Investors Service, which said shrinking profits may hinder its ability to meet the terms of a real estate loan.

New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s By Martin Z. Braun bloombergquint.com – (Bloomberg) — Syracuse, New York’s Destiny USA, one of the largest malls in the U.S., had the ratings on about $300 million of municipal bonds cut to junk by Moody’s Investors Service, which said.

New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s June 13, 2019 The ratings agency downgraded the rating on municipal bonds tied to Destiny USA in Syracuse, N.Y. JLL GreenBlog

Moody’s Corp. (MCO). a new Chartis Research report that assesses 10 leading vendors of IFRS 17 solutions.. New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s.