Home | Business News | Browse by Publication | B | Business Wire

Fitch Rates Forsyth County, North Carolina's $42MM Rfdg GOs 'AAA'; Outlook Stable.

Publication: Business Wire
Publication Date: 19-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Fitch Ratings assigns an 'AAA' rating to Forsyth County, North Carolina (the county) estimated $42.3 million general obligation (GO) refunding bonds, series 2009. The GOs are scheduled to price via negotiated sale on Sept. 2, 2009. The bonds will mature serially from March 1, 2012 through 2020 and will refund certain outstanding GO maturities. In addition, Fitch affirms the county's $421 million outstanding GO bonds at 'AAA' and $70 million certificates of participation at 'AA+.' The Rating Outlook is Stable.

The county's 'AAA' GO rating reflects its strong finances and management, increased economic diversification,...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
Telos Executives to Address Key Cybersecurity Issues at AFITC 2009., August 19, 2009
Adesso Releases Compact Wireless SlimTouch Keyboard, Ideal for Mobile,..., August 19, 2009
Eagle Plains/Waterloo Commence Fieldwork at Ice River Rare Earth (REE)..., August 19, 2009
LUXOR Blasts onto the App Store., August 19, 2009
Cyber Secure Institute Announces Albert Einstein Award in Cyber Securi..., August 19, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.