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Prospect News home > News index > List of issuers N > Headlines for New Jersey Economic Development Authority > News item |
S&P rates N.J. Transit bonds AA-
Standard & Poor's said it assigned an AA- rating to the New Jersey Economic Development Authority's $339.015 million series 2008A transportation project sublease rental refunding bonds issued for New Jersey Transit Corp. Light Rail Transit System.
The bonds are due May 1, 2019.
S&P also affirmed its AA rating on outstanding insured general obligation bonds issued by the authority. The outlook is stable.
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