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11.06.2015 21:03:00
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Port St. Lucie (City of) FL -- Moody's downgrades to A1 Port St. Lucie, FL's GO bonds; negative outlook assigned
COPs, non-ad valorem obligations downgraded to A2 with negative outlookNew York, June 11, 2015 -- Moody's Investors Service has downgraded to A1 from Aa3 Port St. Lucie, FL's$113.5 million General Obligation Bonds. Concurrently, we downgraded to A2 from A1 $136.3 million certificates of participation (COPs) and non-ad valorem backed conduit, lease and special assessment debt. A negative outlook was assigned to all securities. This concludes the review for possible downgrade.
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