Moody’s to Downgrade Shreveport’s Bond Rating

Shreveport's bond rating downgraded by Moody's

(The Center Square) – Wall Street credit rating agency Moody’s has downgraded Shreveport’s bond ratings, saying the city’s finances are becoming less flexible and it lacks a solid plan to generate revenue.

Moody’s to downgrade Shreveport’s bond rating

SHREVEPORT, La. — Credit agency Moody’s said it plans to downgrade the City of Shreveport’s bond rating, a move that could increase the cost of borrowing and raise interest payments for the city.

Federal consent decrees contribute to downgraded rating for City of Shreveport

he downward shift is due to consent decrees dating back to 2014 between the city and state, federal agencies