Norwalk Stays Gold

Whalen, Robert
June 2006
Bond Buyer;6/19/2006, Vol. 356 Issue 32405, p39
Trade Publication
The article reports that Norwalk, Connecticut will maintain its triple-A credit rating from the Fitch Ratings after it will complete the sales of the $25-million general obligation (GO) bonds. According to the rating agency, the rating comes along with a stable outlook which will apply to the city's outstanding GO debt. The bonds are fixed-rate for 20 years and will finance various school projects and general capital improvements around the city.


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