Fitch rates Ohio G.O. bonds AA+

Fitch Ratings said it assigned an AA rating to $140.45 million of State of Ohio general obligation refunding bonds.

The rating applies to $59.01 million of higher education G.O. refunding bonds, 2008 series A; $60.68 million of common schools G.O. refunding bonds, 2008 series A; and $20.76 million of infrastructure improvement G.O. refunding bonds, 2008 series A.

Sale of the bonds is expected by negotiation on Feb. 28.

Fitch also said it affirmed that AA+ rating on the state's approximately $7.2 billion outstanding G.O. bonds.

The outlook is stable.

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