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Published on 4/9/2008 in the Prospect News Municipals Daily.

Fitch gives N.J. school facilities bonds A+

Fitch Ratings said it assigned an underlying A+ rating to New Jersey Economic Development Authority's $451.18 million of school facilities construction refunding bonds, 2008 series W.

The bonds are expected to be offered by negotiation the week of April 14.

Fitch also said it affirmed the A+ rating on $6.7 billion of outstanding school facilities construction parity bonds.

The outlook is stable.


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