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Moody's gives Aaa to Ariz. water bonds
Moody's Investors Service said it assigned an Aaa rating to the Water Infrastructure Finance Authority of Arizona's $249.095 million of water quality revenue bonds, series 2008A.
The outlook is stable.
Moody's also said it affirmed the Aaa rating on the authority's outstanding water quality revenue debt.
Sale of the bonds is expected on April 21.
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