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Moody's ups Jefferson Parish, La., mortgage bonds to Aaa/VMIG1
Moody's Investors Service said it upgraded to Aaa/VMIG1 with a stable outlook its rating on the Jefferson Parish Finance Authority, La., single family mortgage revenue bonds, series 2007A.
The upgrade is based on the investment agreement provided by GE Funding Capital Market Services, Inc. with a guarantee from General Electric Capital Corp., replacing the investment agreement that was provided by AIG Matched Funding Corp. with a guarantee from American International Group, Inc.
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