Moody’s Places Ramapo, NY’s A1 GO Rating Under Review for Downgrade
PRESS RELEASE FROM MOODY’S Approximately $146M in debt affected Moody’s Investors Service has placed the Town of Ramapo, NY’s general obligation A1 rating under review for downgrade, affecting approximately $146 million in outstanding debt. SUMMARY RATING RATIONALE The review for downgrade reflects uncertainty around federal fraud charges brought by the US Justice Department and the […]