Minneapolis Gets Stable Outlook From Fitch Ahead of $35M Sale

Shields, Yvette
June 2006
Bond Buyer;6/29/2006, Vol. 356 Issue 32413, p4
Trade Publication
The article reports on the ratings of Fitch Ratings Inc. for the bonds of Minneapolis, Minnesota. According to reports, the agency restored a stable outlook to the city's triple-A credits as it enter the market with a variable-rate sale of $35 million. The bonds will be in two series, $31.8 million will finance various capital projects and nearly $4 million will finance planned upgrades to the city's neighborhood library branches. Dexia Credit Local is providing liquidity support.


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