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Article: Fitch Rates San Francisco Finance Corp., California's $11.7MM 2007A Lease Bonds 'A+'.
- Article from:
- Business Wire
- Article date:
- April 26, 2007
CopyrightCOPYRIGHT 2007 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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SAN FRANCISCO -- Fitch Ratings has assigned the City and County of San Francisco Finance Corporation, California's $11,685,000 lease revenue bonds, series 2007A 'A+'. The bonds will be sold competitively on May 22. The financial advisor on this transaction is Kitahata and Company.
Fitch has also affirmed the following ratings:
--$1.24 billion in outstanding general obligation bonds at 'AA-';
--$27 million in outstanding settlement obligation bonds at 'A+';
--$231.8 million various lease-secured obligations at 'A+';
--$27 million in San Francisco Finance Corporation lease revenue bonds open space fund at 'AA-';
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