Standard & Poor's http://wfpl.org en Louisville Metro Councilman Calls for Review of KFC Yum Center-UofL Lease After S&P Lowers Rating http://wfpl.org/post/louisville-metro-councilman-calls-review-kfc-yum-center-uofl-lease-after-sp-lowers-rating <p><span style="line-height: 1.5;">Standard &amp; Poor's has reduced the rating of bonds used to pay for the construction of the KFC Yum Center.</span></p><p>The lower rating of "BB" from "BBB-" on senior lien bonds stems from concerns that the tax increment financing district used to pay part of the debt isn't performing as previously expected, the financial services agency said. The downgrade lowers the bonds below investment grade to "junk" status.</p> Fri, 27 Dec 2013 20:14:53 +0000 Joseph Lord 8042 at http://wfpl.org Louisville Metro Councilman Calls for Review of KFC Yum Center-UofL Lease After S&P Lowers Rating