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Article: Fitch Rates Edina ISD No. 273, MN's $19.1MM Rfdg GOs 'AA+'.
- Article from:
- Business Wire
- Article date:
- October 19, 2005
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Copyright informationCOPYRIGHT 2005 Business Wire. 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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CHICAGO -- Fitch Ratings assigns an unenhanced 'AA+' rating to Edina Independent School District No. 273 (the district), Minnesota's approximately $19,130,000 general obligation (GO) refunding bonds, series 2005, scheduled for competitive sale Oct. 24 with Public Financial Management, Inc. serving as financial advisor. Additionally, Fitch affirms the 'AA+' underlying rating on the district's approximately $85 million outstanding GO debt. While this bond issue is not participating in the Minnesota School Credit Enhancement Program, the district's earlier debt issues, which benefit from the program, maintain their enhanced 'AA+' ratings. The Rating Outlook is Stable. The bonds ...
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