Moody's

Binghamton’s Credit Rating Lowered
Binghamton’s Credit Rating Lowered
Binghamton’s Credit Rating Lowered
According to a release from Moody's Investor's Service the City of Binghamton's credit rating has been downgraded from A1 to A2. Moody's says that the downgrade "reflects the city's ongoing weakness in its enterprise, consistently late financial statements, significant  decline in wealth indices, and high debt burden...