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S&P lifts Ohio revitalization bonds to AA-
Standard & Poor's said it raised the rating and underlying rating to AA- from A+ on Ohio's revitalization project bonds (issued under chapter 151 of the Ohio Revised Code).
At the same time, S&P said it raised the underlying rating on the state's other outstanding bonds (issued under chapter 166) to AA from AA-.
The outlook is stable.
S&P also said it assigned the AA- rating and stable outlook to the state's $50 million of series 2008A revitalization project bonds.
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