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Article: Fitch Rates Loudoun County, Virginia's GO Rfdg Bonds 'AAA'; Outlook Stable.
- Article from:
- Bioterrorism Week
- Article date:
- May 18, 2009
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Fitch Ratings assigns an 'AAA' rating to Loudoun County, Virginia's (the county) approximately $113 million general obligation (GO) refunding bonds, series 2009B. The bonds are scheduled to price via negotiated sale on May 7, 2009, with proceeds to refund certain outstanding GO public improvement bonds of the county. In addition, Fitch affirms the 'AAA' rating on Loudoun County's $928 million outstanding GO debt and the 'AA+' rating on the county's $45 million in outstanding lease revenue bonds. The Rating Outlook is Stable (see also Fitch Ratings).
Loudoun County's 'AAA' rating reflects its strong economic indicators, including low unemployment and high wealth ...