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Prospect News home > News index > List of issuers M > Headlines for Municipal Electric Authority of Georgia > News item |
S&P assigns A+ to Georgia electric bonds
Standard & Poor's said it assigned an A rating to the Municipal Electric Authority of Georgia's $159.18 million series 2008A project one subordinated bonds and $63.525 million series 2008A general resolution projects subordinated bonds. The outlook is stable.
Proceeds will be used to refund variable-rate bonds issued in 2000 and to reduce commercial paper outstanding.
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