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Article: Oyster Bay, N.Y., Floating $55M in One-Year Bans.
- Article from:
- The Bond Buyer
- Article date:
- January 9, 2006
- Author:
CopyrightCOPYRIGHT 2006 SourceMedia, Inc. 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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The town of Oyster Bay, N.Y., will sell about $55 million of bond anticipation notes this week to pay off some outstanding debt and finance a list of general public projects and a variety of equipment purchases.
The one-year notes will be sold through competitive bid on Wednesday.
Though the Long Island town's notes won't carry short-term ratings, Oyster Bay's long-term debt is rated A1 with a positive outlook by Moody's Investors Service and AA rating with a stable outlook by Standard & Poor's.
Moody's analyst Lisa Cole said the town did not seek a short-term rating from the credit agency -- and that it had not met with Oyster Bay officials ...
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... ... Press Writer AP Online 10-15-1998 OYSTER BAY, N.Y. (AP) _ An outbreak of shellfish bacteria detected last month in Oyster Bay has forced this town _ named by Dutch ... Kathy Wilson, executive director of the Oyster Bay Chamber of Commerce, which has ordered ...
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