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Published on 2/7/2008 in the Prospect News Municipals Daily.

S&P rates Florida Board of Education lottery bonds AAA

Standard & Poor's said it assigned an AAA rating to $315.4 million of lottery revenue bonds issued for the Florida State Board of Education. The outlook is stable.

At the same time, S&P said it affirmed its AAA underlying rating on the board's approximately $2.36 billion of parity debt.

The lottery revenue bonds are dated Feb. 1, 2008 and mature on July 1, 2027.


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