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Prospect News home > News index > List of issuers V > Headlines for Virginia Beach > News item
Published on 2/27/2008 in the Prospect News Municipals Daily.

Fitch rates Virginia Beach, Va., bonds AA+

Fitch Ratings said it assigned an AA+ rating to Virginia Beach, Va.'s approximately $90 million of general obligation public improvement bonds, series 2008.

The bonds are expected to sell competitively on March 11.

Fitch also affirmed the AA+ rating on the city's $529.8 million of general obligation bonds and the AA- rating on its $368.3 million of Virginia Beach Development Authority lease revenue bonds.

The outlook is stable.


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