24.12.2013 00:08:00

Cochise County U.S.D. 9 (Benson), AZ -- Moody's downgrades Cochise CUSD 9 (Benson) AZ GO to A3 from A1; assigns negative outlook

New York, December 23, 2013 -- Moody's Investors Service, ("Moody's") has downgraded to A3 from A1 the rating of Cochise County Unified School District 9 (Benson) AZ. The rating downgrade affects $7.1 million in outstanding general obligation debt. The bonds are secured by the district's unlimited property tax pledge. Concurrently, Moody's assigns a negative outlook to the district's long term rating.

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