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Article: Fitch Rts Idaho State Building Authority $6.7MM Bonds 'A+'.
- Article from:
- Business Wire
- Article date:
- September 17, 2001
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Business Editors & Analysts
NEW YORK--(BUSINESS WIRE)--Fitch
Sept. 17, 2001--Idaho State Building Authority's (the Authority) $6,725,000 state building revenue bonds, 2001 series C, to be offered by negotiation through Lehman Brothers expected Sept. 19, are rated `A+' by Fitch. The bonds mature serially Sept. 1, 2002-2011, with $4,100,000 terms in 2021; callable beginning Sept. 1, 2011 at par. The authority is also offering $9,325,000 series 2001B bonds, rated `A+' by Fitch, originally expected in July but deferred.
State lease payments provide a sound basis for repayment of the bonds. The security for each series of the bonds is a lien on ...