Credit rating agency warns it may soon lower Los Angeles bond ratings due to fires
Friday, January 17th 2025, 7:16:57 pm
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(The Center Square) — Credit rating agency S&P placed a credit watch warning on Los Angeles’s general obligation and municipal improvement lease revenue bonds, signaling at least a one-in-two chance that the agency could “take a negative rating action during the next 90 days.” L.A.s general obligation bonds are currently rated at AA, while its
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