The ratings made the bonds a little less attractive to investors and the authority had to pay higher interest to attract financing.
If the company were to attract new financing, sell stock to the public or be acquired, the options' value could increase.
Public television has attracted considerable financing and support, especially from Europe, but its backers have gone overboard.
Such a leader, he went on, could enhance the school's reputation, attract new financing and programs and recruit a higher caliber of student.
That proposal collapsed when it could not attract financing, in part because of the machinists' opposition to the deal.
Developers must attract additional financing from private sources and market the projects to tenants.
"It condemns the economy to high interest rates to attract foreign financing, and thus prospectively low investment and growth," he said.
It will help such groups navigate the real-estate market, obtain technical advice and attract financing.
The more money owners have invested in their business, the easier it is to attract financing.
That is not the way to attract new financing.