Moody's affirms City of Sacramento, CA's Aa2 issuer rating and upgrades lease-backed obligations to Aa3 or A1; outlook is stable
Moody's Investors Service has affirmed the City of Sacramento's Aa2 issuer rating and upgraded its "more essential" lease-backed obligation to Aa3 from A1 and "less essential" lease-backed obligation to A1 from A2, depending on essentiality of the leased assets. The city has $712.8 million in outsta...
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