Mitchell Report doesn't affect Major League Baseball's credit rating
NEW YORK -- Fitch Ratings said Wednesday it was affirming the "A" rating it assigned to the Major League Baseball Trust, which it said consists of a $978 million variable funding note and a $389 million term note.
The statement followed the release of the report by George Mitchell last week in which the former Maine senator made recommendations regarding the widespread use of steroids and other performance-enhancing drugs in professional baseball.
The notes in the trust are secured ...
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