A lower rating generally means that a bond issuer must pay higher interest.

Half of the settlement will go to the state, with the remainder divided among bond issuers.

Federal securities law also requires bond issuers to provide complete and accurate financial information.

This means that at some point, the bond issuer has to pay back the money to the investors.

So a municipal bond issuer has to wait before using the new proceeds to retire the old debt.

Corporate bond issuers continue to take advantage of the lower borrowing costs.

And they face one of the most audacious claims by a bond issuer ever.

First off, the bond issuer's economy should be domestic primarily.

It's basically an opinion of the bond issuer's long-term fundamental strength.

In some cases, a bond issuer will pay a credit rating agency for an analysis of the debt it wants to sell.