Moody's rates Albany County, N.Y., airport bonds A3

Moody's Investors Service said it assigned an A3 underlying rating to Albany County Airport Authority's $84.9 million of airport revenue bonds, series 2008A.

The outlook is stable.

Moody's also said it affirmed its A3 underlying rating on the authority's outstanding airport revenue bonds. Including the current offering, there are $141.8 million of the bonds outstanding.

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