Article: Fitch: New Jersey School Bond Ratings Unaffected by State Rtg Revision.

Business Editors

NEW YORK--(BUSINESS WIRE)--April 25, 2002

Fitch Ratings' 'AA+' rating of the New Jersey School Credit Enhancement Programs, principally including the New Jersey School Bond Reserve, is unchanged at this time by the downgrade of New Jersey's general obligation rating, which was announced earlier today. Upon request, Fitch assigns the 'AA+' school program rating to long-term general obligation bonds of New Jersey counties, municipalities, and school districts ...

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