S&P lifts California to A-Plus On Rosier Revenue Projections

Saskal, Rich
May 2006
Bond Buyer;5/18/2006, Vol. 356 Issue 32384, p1
Trade Publication
The article reports on the upgrade of the general obligation bond rating of the state of California by Standard & Poor's Corp. The bond rating of the state was raised from A to A-plus after Governor Arnold Schwarzenegger declared a total revenue of 7.5 billion dollars. With the new rating, California is considered to be substantially and economically stable.


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