14.01.2014 22:40:00
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Van Buren (City of) AR -- Moody's removes the on review designation from 2 local government obligors
New York, January 14, 2014 -- Moody's is correcting the outlook on bonds issued by the Kentucky League of Cities, KY (the "League") and the City of Van Buren, AR (the "City") by removing the on review designation. Due to an internal error, the League's and the City's bonds were placed on review on December 27, 2013 for insufficient information. Moody's received sufficient financial information to review the outstanding debt prior to the fiscal year end and therefore the ratings should not have been placed on review.