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Fitch gives AA to Riverside, Calif., water bonds
Fitch Ratings said it assigned an AA rating to the City of Riverside, Calif.'s $60.3 million of water revenue refunding bonds, issue of 2008A, and $57.6 million of water revenue bonds, issue of 2008B.
In addition, Fitch said it affirmed the AA rating on about $37.1 million of outstanding parity water revenue bonds.
The outlook is stable.
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