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Article: Fitch Rates Milwaukee County, Wisconsin's $46MM GOs 'AA'; Outlook Stable.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Fitch Ratings assigns an 'AA' rating to Milwaukee County, Wisconsin's (the county) approximately $29.9 million taxable general obligation (GO) corporate purpose bonds, series 2009E (Build America Bonds- Direct Payment) and approximately $15.6 million GO promissory notes, series 2009F. The series 2009E bonds and the series 2009F notes will sell competitively on Nov. 5, 2009 and are secured by the county's full faith and credit pledge, payable from unlimited ad valorem taxes. Proceeds will finance various capital projects. In addition, Fitch affirms the approximately $684 million of outstanding county GO debt at 'AA' and approximately $135 million of outstanding series ...