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Moody's gives MIG1 to Fresno, Calif., notes
Moody's Investors Service said it assigned a MIG1 rating to the California Statewide Communities Development Authority's 2008 tax and revenue anticipation notes, series A-2.
Series A-2 is secured by notes issued by the City of Fresno, Calif.
Sale of the $55 million series A-2 notes is expected on June 4.
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