MAX GROSSMAN: CITY BOND RATING NOT WHAT IT APPEARS
City bond rating not what it appears: Letters to the Editor El Paso Times, Published 6:00am MT May 12, 2023 “Terrell Blodget wrote to this newspaper claiming the recent bond…
KFOX UNCRITICALLY REPEATS CITY TALKING POINTS: “EL PASO’S CREDIT SCORE JUST GOT BETTER”
Our local media have created much confusion over the City of El Paso’s bond ratings, with KTSM, followed by the El Paso Times, and now KFOX incorrectly describing the AA+…
KROLL ASSIGNS CITY AA+ BOND RATING, BUT WHO IS KROLL?
Luisa Barrios of KTSM 9 News broke the “news” on Thursday that the Kroll Bond Rating Agency (KBRA), which promotes itself as a full-service credit rating agency registered with the…
FITCH DOWNGRADES BOND OUTLOOK OF EL PASO HOSPITAL DISTRICT FROM “POSITIVE” TO “STABLE”
Fitch “has affirmed at ‘A-‘ the rating on Series 2013 and 2017 general obligation (GO) refunding bonds and Series 2013 combination tax and revenue certificates of obligation issued by El…
FITCH WITHDRAWS “AA” RATING FROM $41 MILLION OF CITY’S GENERAL OBLIGATION BONDS
Fitch is one of the major Wall Street firms that rates municipal bond issuances. On January 22, 2019, the firm gave a “AA” rating to four bonds that were issued…
FITCH AFFIRMS THE “A” RATING OF EL PASO INTL AIRPORT BUT DOWNGRADES OUTLOOK TO NEGATIVE
Dear Friends and Media, Fitch Ratings, Inc., one of Wall Street’s “Big Three” credit rating agencies, has reaffirmed the “A” rating for general revenue bonds for the El Paso International…