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Article: NEW JERSEY: Atlantic County Rising.
- Article from:
- The Bond Buyer
- Article date:
- June 2, 2008
- Author:
CopyrightCOPYRIGHT 2008 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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Standard & Poors last week upgraded Atlantic County to AA from AA-minus ahead of a $21.8 million bond sale set for tomorrow.
The rating agency cited a large and growing tax base, solid financials, and modest debt burden for the new AA rating.
The upgrade reflects the countys steady and diversifying economic growth driven by residential development, and its strong financial position, Standard & Poors credit analyst Armen Hratchian said in a press release.
Moodys Investors Service rates the credit Aa3.
The county has $154 million of outstanding debt, including $82.2 million of general obligation debt and $71 million of appropriation ...
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Article: The Press of Atlantic City Named Official Newspaper ...
PR Newswire;
January 22, 2003 ;
700+ words
... ... region, and has been covering Atlantic City every day for a long time ... premier event. The Press of Atlantic City was influential in the passage ... state Sen. William Gormley of Atlantic County, Atlantic City Mayor Lorenzo Langford, Wallace ...
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