V.I. seeks better bond ratings
Published: October 17, 2012
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Photo courtesy of Government House Gov. John deJongh Jr. leads a meeting with bond rating agencies Monday. Members of the governor's financial team attended, including Bureau of Economic Research Director Wharton Berger, Bureau of Internal Revenue Director Claudette Watson-Anderson, Chief of Operations at the Office of the Lt. Governor Delbert Hewitt, deJongh, and Office of Management and Budget Director Debra Gottlieb.
ST. THOMAS - The V.I. government is seeking favorable reviews from three major bond rating agencies in anticipation of going to the market to issue new Gross Receipts Tax bonds.
According to a statement released by Government House on Tuesday, Gov. John deJongh Jr. and members of his financial team conducted meetings Friday and Monday with three ratings agencies: Fitch, Moody's and Standard & Poor's.
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