Stephanie HemphillA city finance official says Minneapolis should face no problems borrowing money after Moody’s Investors Service downgraded the city’s rating.
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MPR News Notes on the news from the Twin Cities
Tag: Moody’s
Curtis GilbertThe credit rating agency Moody’s says Minneapolis no longer qualifies for its top score — Aaa. Yesterday Moody’s downgraded the city one notch to Aa1. While Aa1 is still considered a good score, the downgrade could make it more expensive for Minneapolis to borrow money. Moody’s warned the city in April that a downgrade was Read more →