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S&P rates Pennsylvania Commonwealth Financing Authority AA-
Standard & Poor's said it assigned an AA- standard long-term rating and stable outlook to Commonwealth Financing Authority, Pa.'s $187.5 million of series 2008 fixed-rate federally taxable revenue bonds due June 1, 2027.
The bonds are supported by the Commonwealth of Pennsylvania.
At the same time, S&P affirmed its AA- underlying rating with stable outlook on the authority's previously issued debt.
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