N.J. Tobacco Move May Prompt More Downgrades, Larkin Says

... infusion to cover current expenses, according to an analysis by Richard Larkin, director of credit analysis at the Fairfield, Connecticut-based company. "This complicated transaction to raise a paltry $96 million ranks with some of the worst ...



via Fairfield Newswire http://www.bloomberg.com/news/2014-04-11/new-jersey-s-fiscal-chicanery-led-to-downgrade-larkin-says.html