On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1230 AM Sioux Falls, SD 98.1 FM Sioux Falls, SD

Weather

Current Conditions(Sioux Falls,SD 57104)

More Weather »
46° Feels Like: 41°
Wind: WNW 10 mph Past 24 hrs - Precip: 0.26”
Current Radar for Zip

Today

AM Showers 67°

Tonight

Clear 39°

Tomorrow

Mostly Sunny 73°

Alerts

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

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)

Comments