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Article: S&P Rates Santa Clara County Financing Authority, CA Bonds A+
- Article from:
- PR Newswire
- Article date:
- September 2, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. 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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NEW YORK, Sept. 2 /PRNewswire/ -- Standard & Poor's today assigned its single-'A'-plus rating to Santa Clara County Financing Authority, Calif.'s $65.22 million lease revenue bonds series 2000B and $78.34 million lease revenue bonds series 1998A, issued for Santa Clara County, Calif. Standard & Poor's also affirmed its ratings on various obligations for Santa Clara County (see list below).
The ratings on Santa Clara County reflect:
-- Solid management, as reflected in new fiscal policies, and the
county's strong financial position;
-- An expanding economy that has resulted in increased revenues for the
county;
-- A large and ...