Moody's rates Harris County refunding bonds Aa1

Moody's Investors Service said it assigned an Aa1 rating to the $130 million series 2008B public improvement refunding bonds issued by Harris County, Texas.

The expected sale date is Aug. 8.

Proceeds will refund outstanding commercial paper originally issued for capital projects.

Moody's affirmed the Aa1 rating on $2.68 billion in outstanding general obligation debt. The outlook is stable.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.