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Article: Fitch Rates Onondaga County, New York GOs 'AA+'; Rating Outlook Stable.
- Article from:
- Business Wire
- Article date:
- July 2, 2003
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Business Editors
NEW YORK--(BUSINESS WIRE)--July 2, 2003
Fitch Ratings assigns an 'AA+' rating to Onondaga County, NY's (the county) $27,700,000 general obligation (serial) bonds, 2003 series A; $5,360,000 general obligation (serial) bonds, 2003 series B (federally taxable); and $18,205,000 general obligation refunding (serial) 2003 series C. Additionally, Fitch affirms the 'AA+' rating on the county's $251.5 million of outstanding general obligation bonds. The current offering is scheduled to sell competitively on July 10. Bond proceeds from series A will finance various capital projects, series B (federally taxable) will be used to finance costs of ...