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31.05.2016 22:32:00
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Moody's: Four US municipal defaults in 2015; overall credit quality stabilizing at lower levels but pension risk looms
New York, May 31, 2016 -- There were four Moody's-rated municipal defaults in 2015, while the tally of multi-notch downgrades of public finance credits remains buoyed with over 20 credits experiencing downgrades in excess of four notches, according to the latest annual default study by Moody's Investors Service.
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