Moody's rates East Bay, Calif., utility bonds Aa3/VMIG1

Moody's Investors Service said it assigned an Aa3 underlying rating and VMIG1 short-term rating to East Bay Municipal Utility District, Calif.'s wastewater system subordinated revenue refunding bonds, series 2008A, 2008B and 2008C.

The issue includes $50 million of series 2008A, $65 million of series 2008B and $69.3 million of series 2008C.

All three series were sold on March 19.

The outlook is stable.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.