Michigan's GO debt upgraded by S&P

Goldsmith, Steve
January 1998
Bond Buyer;01/21/98, Vol. 323 Issue 30314, p40
Trade Publication
Reports on Standard & Poor's upgrade of Michigan's $655 million of general obligation bonds and $6.3 billion of local school bonds to AA-plus from AA. Similar upgrade of the state's building authority debt to AA from AA-minus; Affirmation of SP-1-plus on the state's outstanding tax anticipation notes; Recognition of improvement in Michigan's overall fiscal performance.


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