U.S. municipal Joint Action Agencies (JAAs)

Rating Agency Developments

On October 3, Moody’s released its methodology for government owned toll roads Moody’s Report. 

On October 3, Fitch updated its global criteria for rating structured finance CDOs.  Fitch Release.  Fitch Report.  

On October 3, Moody’s released its approach to credit ratings assigned to revenue bonds of U.S. municipal Joint Action Agencies (JAAs).  Moody’s Report.  

On October 1, S&P released its criteria for assigning CCC+, CCC, CCC- and CC ratings.  S&P Report.
 

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