Tue 05/31/2022 16:11 PM
Relevant Document:
Ratings Report
Fitch Ratings announced today that it has downgraded to C from CC its ratings on approximately $198.8 million Series 2016A payments in lieu of taxes, or PILOT, revenue refunding bonds, approximately $10.6 million taxable Series 2016B PILOT revenue refunding bonds and approximately $69.1 million taxable Series 2007B PILOT revenue bonds, all issued by the Syracuse Industrial Development Agency, or SIDA, in connection with the Carousel Center project, which...
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