TITLE

Moody's Gi\es Arizona a Stable Aa3, the State's First Issuer Rating

AUTHOR(S)
Watts, Jim
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/16/2005, Vol. 351 Issue 32091, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the aAa3 issuer rating assigned by Moody's Investors Service Inc. to Arizona based on the state's long-term trend of economic growth and diversification. Claim that the state never had a statewide general obligation (GO) debt rating because it cannot issue GO debt; Prohibition of the state from issuing GO debt under the state constitution; Lease debt of the state issued by the Arizona School Facilities Board.
ACCESSION #
16441789

 

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