Moody's Downgrades Fridley, MN'S GO to Aa2 from Aa1; Assigns Aa2 to GO, Ser. 2017A
New York, January 05, 2017-- Issue: General Obligation Capital Improvement Plan Bonds, Series 2017 A; Rating: Aa2; Rating Type: Underlying LT; Sale Amount: $50,505,000; Expected Sale Date: 01/09/2017; Rating Description: General Obligation;. Moody's Investors Service has downgraded the City of Fridley, MN's general obligation unlimited tax rating from Aa1 to Aa2. Concurrently, Moody's has assigned a Aa2 rating to the city's $50.5 million General Obligation Capital Improvement Plan...
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