A Positive LOC for Bonds

DeSue, Tedra
May 2006
Bond Buyer;5/18/2006, Vol. 356 Issue 32384, p43
Trade Publication
The article reports that Standard & Poor's Inc. has included the AA-minus/A-1- plus-ratings for numerous outstanding bond issues secured by letters of credit from Wachovia Bank NA in the positive Credit Watch in Georgia. Among the issuers affected by the change are tax allocation district deals closed by Atlanta and the Municipal Gas Authority of Georgia.


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