TITLE

As Sale Nears, Moody's Affirms California's A3

AUTHOR(S)
Sarkal, Rich
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/7/2005, Vol. 351 Issue 32065, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The reports that Moody's Investors Service Inc. has affirmed the first general obligation bond sale of 2005 by California, an A3 rating and a positive outlook. While the state continues to struggle with a structurally imbalanced budget, it also retains US$4 billion in unused deficit bond capacity.
ACCESSION #
15954349

 

Related Articles

  • HAWAII: State's Positive Affirmation. Cohen, Jackie // American Banker;2/24/2006, Vol. 171 Issue 37, Special section p31 

    This article discusses the bond ratings given to Hawaii in anticipation of their March 8 bond sale. Moody's Investors Service assigned a Aa2 rating with a stable outlook to the new bonds, citing the state's historical fiscal conservatism, its sound financial position bolstered by strong revenue...

  • Road Bonds Rated. Cohen, Jackie // Bond Buyer;11/10/2006, Vol. 358 Issue 32506, p37 

    The article reports that the $190 million worth of state highway improvement revenue bonds owned by the state government of Nevada have received a rating of A3 from Moody's Investors Service Inc. The bonds, which are scheduled to be sold from November 15, 2006, will be used to finance a host of...

  • State's credit rating takes another dive. Gibson, Valerie // Business Journal Serving Fresno & the Central San Joaquin Valley;12/19/2003, Issue 323180, p3 

    Reports on Moody's Investor Service's downgrading of California's bond rating to Baa1. Reflection of Governor Arnold Schwarzenegger's overturning of the vehicle license fee (VLF) increase; Continuing inability to reach political consensus to California's budget and financial problems; Estimated...

  • VIRGINIA: State Keeps Top-10 Status. Schroeder, Peter // Bond Buyer;9/20/2007, Vol. 361 Issue 32717, p9 

    The article reports that Virginia state has maintained its status as a Tier 1 state, as indicated at Moody's Investors Service Inc.'s U.S. States Credit Scorecard. According to the report, the ranking places the state as one of the top 10 for credit strength. The rating agency has also...

  • Moody's New York Upgrade Largely Priced Into Market. Albano, Christine // Bond Buyer;12/23/2005, Vol. 354 Issue 32285, p7 

    The article reports that Moody's Investors Service has upgraded the $50 billion in debt issued by the state of New York and state-related entities. However, institutional investors and traders claim that the upgrade has little impact on the current price, yield or general trading activity of the...

  • Holy Cross Raised. Shields, Yvette // Bond Buyer;3/22/2006, Vol. 355 Issue 32344, p35 

    The article reports on Moody's Investors Service's revision of the outlook of Chicago, Illinois-based Holy Cross Hospitals B2 credit from negative to positive. 21 million dollars of outstanding debt issued in 1994 has been affected by the revised outlook.

  • Dallas Loses Moody's Aaa After Winning Record Bond Approval. Williamson, Richard // Bond Buyer;6/17/2003, Vol. 344 Issue 31658, p1 

    Moody's Investors Service Inc. downgraded Dallas, Texas to Aa1 a month after voters approved a record $579 million bond program. The downgrade, which directly affects a $36 million sale of certificates of obligation sale on June 27, 2003, will also apply to future general...

  • Moody's Downgrades Minnesota. Shields, Yvette // Bond Buyer;6/17/2003, Vol. 344 Issue 31658, p1 

    Moody's Investors Service Inc. downgraded Minnesota's rating to Aa1 with a stable outlook from Aaa and took the state off negative watch list. The downgrade impacts roughly $3 billion of outstanding general obligation (GO) bonds, $5.2 billion of school district bonds issued under...

  • Rankin Files Upgrade. Sigo, Shelly // Bond Buyer;3/17/2005, Vol. 351 Issue 32092, p31 

    Reports that Moody's Investors Service Inc. has upgraded Rankin County's general obligation bond rating to Aa3 from A1in Mississippi.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics