Moody's rates Bay Area Toll, Calif., bonds Aa3/VMIG1

Moody's Investors Service said it is assigning Aa3/VMIG1 ratings to the Bay Area Toll Authority, Calif.'s $511 million of 2008 series A-1, B-1, C-1, D-1, E-1 and G-1 variable-rate demand bonds.

The agency said it is also affirming the Aa3 ratings on the authority's outstanding bonds.

The outlook is stable.

The settlement date is June 4.

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