S&P Reinstates Rating for Richmond, Calif

Saskal, Rich
April 2006
Bond Buyer;4/17/2006, Vol. 356 Issue 32361, p4
Trade Publication
The article reports that Standard & Poor's (S & P) has reinstated its credit ratings on outstanding Richmond, California debt, raising it to investment grade and assigning the city a triple-B plus rating due to incomplete financial information. There were three outstanding bond issues that S & P looks at, the Series 1995A Richmond Joint Powers Financing Authority refunding revenue bonds, 1999 port terminal lease revenue bonds, and the 1999 series of waste-water bonds.


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