Municipal Bond Credit Report: Virgin Islands power authority averts default

Municipal Bond Credit Report: The U.S. Virgin Islands Water and Power Authority succeeded in refinancing two notes that had been due in the last two weeks, sidestepping default. The authority reported the success in a posting to the Electronic Municipal Marketplace Access web site, where it also posted its fiscal year 2017 certified accounted financial report this week. … Link to Story

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We sell Municipal and Corporate issuer credit risk research. We also manage two partner seeded private funds for information purposes using our research; a liquidity fund and a multi-asset fund.

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