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Detroit Bond Rating

Detroit Defaults On ANOTHER Debt

AP | Posted 10.03.2013 | Detroit

DETROIT -- DETROIT (AP) — Detroit, not unexpectedly, has defaulted on its most recent general obligation bond debt payment, Moody's Investors Servic...

Detroit Will Stop Paying Its Bills

Reuters | Posted 08.14.2013 | Detroit

By Bernie Woodall and Steve Neavling DETROIT, June 14 (Reuters) - Detroit said on Friday it would stop making payments...

Detroit's Bond Ratings Take Another Hit

Reuters | Posted 08.13.2013 | Detroit

June 13 (Reuters) - Moody's Investors Service on Thursday pushed the credit ratings on nearly $8.4 billion of Detroit bonds deeper i...

Ratings Agency Hedges On Detroit Consent Agreement

Reuters | Posted 06.25.2012 | Detroit

(Adds details, background) April 25 (Reuters) - An agreement between Detroit and state of Michigan officials provides "a strong framew...

Detroit's 2nd Downgrade In 2 Days

Reuters | Posted 05.22.2012 | Detroit

(Recasts, adds legal action, union announcement, letter from Congressmen, background) March 22 (Reuters) - With no consensus on how to...

DOWNGRADED: Detroit's Debt Now 'Below Investment Grade'

AP | Posted 03.21.2012 | Detroit

DETROIT -- Moody's Investors Service has downgraded more than $2.5 billion of Detroit's debt below investment grade, possibly making it even more diff...