
Moody Further Downgrades Metropolitan Opera’s Bond Credit Rating
(Credit: Jonathan Tichler / Met Opera) The Metropolitan Opera’s financial situation has taken another turn with its debt rating downgraded. According to a report in Bloomberg, the company’s Moody’s Rating cut the Met Opera’s debt rating further into junk, lowering it to Caa1 from B3 with a negative outlook. The downgrade was due to the organization’s “pronounced structural deficit” and {…}









