Moody's rates Lake Worth, Fla., bonds A2

Moody's Investors Service said it assigned an initial A2 underlying rating to Lake Worth, Fla.'s $66 million of utility system refunding and improvement revenue bonds, series 2008, purchased by Bank of America Public Capital Corp. and SunTrust Equipment Finance and Leasing Corp.

Sale of the bonds is expected on May 1.

© 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.