Sam Shapiro, the state treasurer, fears the state's credit rating will be downg

Source

Portland Press Herald

Date

4-10-1993

Pages

10B

Abstract

Sam Shapiro, the state treasurer, fears the state's credit rating will be downgraded when the state issues $57 million in bonds later this month, due to concern about Maine's practice in recent years of deferring payments and refinancing debt. Maine now enjoys Moody's and Standard & Poor's second-highest ratings, the highest rating of any New England state.

Subjects

Bonds Rating

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