Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for West Virginia Parkways Economic Development and Tourism Authority > News item |
Moody's rates W.Va. Tourism bonds Aa3/VMIG1
Moody's Investors Service said it assigned an underlying rating of Aa3 and a short-term rating of VMIG1 to West Virginia Parkways Economic Development and Tourism Authority's $59.1 million series 2008 variable-rate demand revenue refunding bonds. The outlook is stable.
The expected sale date is July 8.
Proceeds will refund the $59.1 million outstanding of the series 2003 variable-rate bonds insured by Financial Guaranty Insurance Co.
Moody's also affirmed its Aa3 rating on the authority's $32.9 million parity revenue bonds outstanding.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.