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Martin Z. Braun BloombergJune 13, 2019 (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.
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Moody’s drops Chicago’s credit rating to ‘junk’. Chicago already is struggling with a $300 million structural budget deficit and the looming $550 million increase for payments to police and.
Dennis De Leon liked this New York Mall’s $300 Million Muni Bonds Cut to Junk by. Syracuse, New York’s Destiny USA, one of the largest malls in the U.S., had the ratings on about.
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New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s – Destiny USA, owned by Pyramid Cos., issued bonds backed by payments in lieu of taxes by the developer in 2007 to expand its Carousel Center mall into a super-regional shopping and entertainment.
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Turkey’s Rating Cut Deeper Into Junk by Moody’s on Default Risk. Jun 14, 2019. world. N.Y. Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s. 7 World Trade Center 250 Greenwich Street New.