Merged Louisville/Jefferson Metro Government in First GO Deal

DeSue, Tedra
November 2004
Bond Buyer;11/16/2004, Vol. 350 Issue 32011, p29
Trade Publication
This article reports that the Louisville/Jefferson County Metro Government in Kentucky is readying its first general obligation deal as a merged government, with plans to sell about $3 million of debt today. Today's deal is expected to benefit from recent positive rating actions. Moody's Investors Service assigned a GO rating of Aa2 to the deal. Louisville's GOs prior to the merger were rated Aa3, while the county's were rated Aa2. The bonds will be sold competitively with Public Finandal Management as the financial adviser and Wyatt, Tarrant & Combs as bond counsel.


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