Moody's assigns Aaa to Omaha G.O. bonds

Moody's Investors Service said it assigned an Aaa rating to the city of Omaha's $72.785 million series 2008 general obligation refunding bonds. The outlook is negative.

The expected sale date is July 15.

Moody's also affirmed the Aaa rating on the city's $536.8 million of outstanding general obligation unlimited tax debt and $32.1 million general obligation limited tax lease rental debt, the Aa1 rating on the city's $40.4 million outstanding special tax revenue bonds, the Aa2 rating on the city's $78.5 million special obligation bonds and the Aa3 rating on the city's sewer system enterprise revenue bonds.

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