S&P Lowers State’s Credit Rating to AA+

S&P Lowers State’s Credit Rating to AA+

Amid rising budget shortfalls and falling oil prices in Alaska, Standard&Poors released its credit rating for the state of Alaska, lowering the state’s credit rating from AAA down to AA+ on Tuesday. In the report, the CFA of Standard&Poors, Gabriel Petek, said that the ratings actions reflect their view of the state’s credit quality as, […]

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