Orange County may abandon policy on debt management

Berkman, Leslie
February 1998
Bond Buyer;02/24/98, Vol. 323 Issue 30337, p1
Trade Publication
Discloses that Orange County, California officials have been considering whether to abandon its plan for shedding part of nearly $1 billion of bankruptcy recovery debt from its books as interest rates move against it. Factors driving movement toward the shelving of the debt-management policy it adopted in April 1997; Rating on the county's pension obligation debt; Analysts' assessment of the county's debt obligations.


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