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Moody's rates Ohio G.O. bonds Aa1
Moody's Investors Service said it assigned an Aa1 rating to $140.45 million of general obligation refunding bonds issued by the Ohio Public Facilities Commission for the State of Ohio.
The bonds include $59.01 million of higher education, series 2008A, bonds; $60.68 million of common schools, series 2008A, bonds; and $20.76 million of infrastructure improvement, series 2008A, bonds.
Sale of the bonds is expected on Feb. 28.
Moody's also said it affirmed the state's Aa1 G.O. debt rating.
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