CALIFORNIA: Orange Tollway's Affirmed

Saskal, Rich
June 2007
Bond Buyer;6/1/2007, Vol. 361 Issue 32641, p9
Trade Publication
The article reports on the affirmation of Moody's Investors Service Inc. on its underlying ratings for revenue bonds of two toll roads in Orange County, California on May 24, 2007. It asserted the underlying Ba2 rating and negative outlook for the $1.97 billion of San Joaquin Hills Transportation Corridor Agency revenue bonds. The agency also affirmed its stable outlook and Baa3 underlying rating for the $2.1 billion of Foothill/Eastern Transportation Corridor Agency revenue bonds.


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