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Moody's rates Ohio water bonds Aaa
Moody's Investors Service said it assigned a rating of Aaa to the Ohio Water Development Authority's $69.2 million of Drinking Water Assistance Fund revenue bonds leverage series 2008.
The outlook is stable.
Moody's has also affirmed the Aaa rating and stable outlook on the authority's $1.7 billion of outstanding Drinking Water Assistance Fund and Water Pollution Control Loan Fund bonds.
Sale of the series 2008 bonds is expected on May 7.
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