WASHINGTON - Nine cities and their surrounding counties are most likely to have their credit ratings downgraded as a result of the current round of military base closings and downsizings, according to Standard & Poor's Corp.

"Base closings and downsizing could have a material impact on the local economies of the base sites and eventually could alter outstanding bond ratings," says an article that is to appear in today's edition of Credit Week Municipal.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.