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Magnolia Tribune

This article was produced by Magnolia Tribune staff.
News  |  Magnolia Tribune  • 
August 15, 2016

Fitch, Moody’s lowers Mississippi’s credit rating

Agencies lower state’s credit rating, outlook Fitch Ratings has downgraded Mississippi’s credit rating on $4 billion in outstanding debt, and Moody’s Investor Services has lowered the state’s credit outlook to negative, moves that could cost taxpayers when the state refinances debt or borrows if not addressed. Fitch downgraded Mississippi’s rating on $4 billion in outstanding…