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Article: SOUTHEAST MISSOURI CORRECTIONAL FACILITY, INC. BONDS 'AA' BY FITCH -- FITCH FINANCIAL WIRE --
- Article from:
- PR Newswire
- Article date:
- July 14, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SOUTHEAST MISSOURI CORRECTIONAL FACILITY, INC. BONDS 'AA' BY FITCH
-- FITCH FINANCIAL WIRE --
NEW YORK, July 14 /PRNewswire/ -- Southeast Missouri Correctional Facility, Inc.'s approximately $50 million correctional facility lease revenue refunding bonds (State of Missouri) Series 1992 are rated 'AA' by Fitch. The bonds are being offered through negotiation on or about July 15 by a syndicate led by A.G. Edwards & Sons, Inc. The credit trend is stable.
The bonds are payable from base rentals due under a lease with the state of Missouri subject to annual appropriations by the Missouri legislature under a correctional facility lease/purchase ...
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