22-06-2016 11:18 via bloomberg.com

Alaska Gets No Relief From Oil Rebound as Downgrades Sting Bonds - Bloomberg

Bloomberg
Alaska Gets No Relief From Oil Rebound as Downgrades Sting Bonds
Bloomberg
Not even an 86 percent increase in the price of crude oil since February is enough to right Alaska's finances. The energy-rich state, which plans to sell $128 million of bonds on Wednesday, lost its AAA rank from the three biggest credit-rating ...
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