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Prospect News home > News index > List of issuers V > Headlines for Virginia Beach Development Authority > News item |
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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