Pictures

Photo

Reuters Photojournalism

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption 

Photo

Tornado chasers

Storm chasers brave danger and debris as they try to capture photos of tornadoes' destructive power.  Slideshow 

Photo

Running while blind

Blind or visually impaired students compete in blind track and field tournament.  Slideshow 

Sponsored Links

S&P cuts Jefferson County Alabama underlying ratings to "D"

Related Topics

NEW YORK | Fri Feb 8, 2013 1:08pm EST

NEW YORK (Reuters) - Standard & Poor's Ratings Services on Friday cut the underlying ratings on bankrupt Jefferson County, Alabama, to D from C after the decision by the creditors' trustee, the Bank of New York Mellon, to suspend payment on February 1.

The rating agency added that bonds affected are series 1997A, 2001A, 2003-B-8, 2003 B-1-A through series 2003 B-1-E, and series 2003 C-1 through 2003 C-10 sewer system revenue warrants.

(Reporting by Pamela Niimi; Editing by James Dalgleish)
U.S.
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.