A Moody Outlook for City’s Debt in AutoZone Park Deal

Memphis Redbirds LogoOn 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.

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Filed under Lease & Contracts, Money & Financials, Stadium Issues

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