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S&P gives AA to Hennepin County third-lien bonds
Standard & Poor's said it assigned an AA rating to Hennepin County, Minn.'s $75 million series 2008C third-lien variable-rate sales tax revenue bonds. The outlook is stable.
The bonds are due Dec. 1, 2037.
S&P also affirmed its AA+ rating on the county's series 2008B second-lien sales tax revenue bonds and its AAA rating on the series 2008A first-lien sales tax revenue bonds, both of which were issued for the Minneapolis Twins ballpark project.
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