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Article: Fitch Rates Loudoun County, Virginia's GO Public Improvement Bonds 'AAA'; Outlook Stable.
- Article from:
- Bioterrorism Week
- Article date:
- March 23, 2009
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Fitch Ratings assigns an 'AAA' rating to Loudoun County, Virginia's approximately $174 million general obligation (GO) public improvement bonds, series 2009A. The bonds are scheduled to price via negotiated sale on March 18, 2009, with proceeds to fund various school, transportation, and general government capital projects. In addition, Fitch affirms the 'AAA' rating on Loudoun County's $754 million outstanding parity debt. 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 levels, solid fiscal management and planning, a broad and diverse economy, ...