Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for Kentucky Economic Development Finance Authority > News item |
Moody's rates Louisville Arena bonds Aaa/VMIG1
Moody's Investors Service said it assigned an Aaa/VMIG1 rating to the Kentucky Economic Development Finance Authority's series 2008A-1 variable-rate demand revenue bonds issued for the Louisville Arena Project.
The expected sale date is July 29.
The issuance includes the $100 million subseries 2008A-1A and 2008A11B and $8 million subseries 2008A-1C.
The short-term rating is based on a standby bond purchase agreement provided by PNC Bank, NA, rated Aa3/Prime-1 by Moody's.
© 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.