← All events
Markets·Unverified·Live
Credit rating dropped by one notch as the city confronts one of the worst financial crises in its modern history.
Updated ·First reported ·1 source
Summary
S&P Global Ratings has downgraded New Orleans’ credit rating by one notch. The decision comes as the city confronts what S&P describes as one of the worst financial crises in its modern history.
Key Facts
- •S&P Global Ratings downgraded New Orleans’ credit rating by one notch.[1]confirmed
- •The downgrade is due to the city facing one of the worst financial crises in its modern history.[1]confirmed
Locations
New OrleansUnited States, Louisiana
29.95, -90.07Sources (1)
- initial report
Changelog
initial reportv1
Automated synthesis
Show summary
S&P Global Ratings has downgraded New Orleans’ credit rating by one notch. The decision comes as the city confronts what S&P describes as one of the worst financial crises in its modern history.
- • S&P Global Ratings downgraded New Orleans’ credit rating by one notch.
- • The downgrade is due to the city facing one of the worst financial crises in its modern history.