On Air Now

Tune in to Listen

93.9 FM Hibbing, MN

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
68° Feels Like: 68°
Wind: ESE 8 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Cloudy 74°

Tonight

Thunderstorms Late 63°

Tomorrow

Scattered Thunderstorms 84°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

S&P cuts Jefferson County Alabama underlying ratings to "D"

NEW YORK (Reuters) - Standard & Poor's Ratings Services on Friday cut the underlying ratings on bankrupt Jefferson County, Alabama, to D from C after the decision by the creditors' trustee, the Bank of New York Mellon, to suspend payment on February 1.

The rating agency added that bonds affected are series 1997A, 2001A, 2003-B-8, 2003 B-1-A through series 2003 B-1-E, and series 2003 C-1 through 2003 C-10 sewer system revenue warrants.

(Reporting by Pamela Niimi; Editing by James Dalgleish)

Comments