TITLE

Standard & Poor's Lifts Iowa's Polk County to AAA Ahead of Sale

AUTHOR(S)
Shields, Yvette
PUB. DATE
November 2007
SOURCE
Bond Buyer;11/9/2007, Vol. 362 Issue 32752, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the ratings assigned to the $30 million new-money and advance refunding general obligation (GO) bonds issued by Polk County, Iowa. Standard & Poor's Corp. upgraded its rating to AAA from AA-plus while Fitch Ratings Ltd. affirmed its AA-plus on the county's $255 million of GO debt. Moody's Investors Service Inc. gave an Aa1 rating to the county's GO. The upgrade reflects the steady economic growth and implementation of long-term planning tools.
ACCESSION #
27493708

 

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