On the eve of a critical vote by the Memphis City Council, a report from Moody’s Investors Service gives a “negative” outlook to its Aa3 rating of $23.6 million in revenue bonds the city plans to use to finance the purchase of AutoZone Park and improvements to it. Read more here.
A Moody Outlook for City’s Debt in AutoZone Park Deal
Filed under Lease & Contracts, Money & Financials, Stadium Issues