E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/10/2008 in the Prospect News Municipals Daily.

Fitch rates State of New York G.O. bonds AA-

Fitch Ratings said it assigned an AA- rating to $269 million of general obligation bonds from the State of New York.

The issue consists of $257.725 million of series 2008A tax-exempt bonds and $11.265 million of series 2008B taxable bonds.

The bonds are scheduled to sell competitively on March 13.

In addition, Fitch said it affirmed the AA- underlying or unenhanced ratings of about $3.3 billion of the state's outstanding G.O. bonds.

The outlook is positive.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.