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Prospect News home > News index > List of issuers C > Headlines for Clark County > News item |
S&P rates Clark County, Nev., highway revenue bonds A-1+
Standard & Poor's said it assigned an A-1+ short-term rating to Clark County, Nev.'s $200 million of highway revenue (motor vehicle fuel tax) commercial paper notes, which are evenly split between series 2008A and series 2008B.
The rating is based on a direct-pay letter of credit from BNP Paribas, which has an AA+ rating.
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