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Published on 5/16/2008 in the Prospect News Municipals Daily.

Fitch gives AA+ to Virginia College bonds

Fitch Ratings said it assigned an AA+ rating to Virginia College Building Authority's $143.6 million educational facilities revenue bonds (21st Century College and Equipment Program), series 2008A, scheduled for competitive sale on May 20.

The bonds are due Feb. 1, 2009-2028.

In addition, Fitch affirmed the authority's approximately $827 million in outstanding debt at AA+. The outlook is stable.


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