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Published on 3/11/2008 in the Prospect News Municipals Daily.

Moody's gives A2 to California lease revenue bonds

Moody's Investors Service said it assigned an A2 rating to four series of the State Public Works Board of the State of California's lease revenue bonds.

The rating applies to $27.35 million of 2008 series D, $21.05 million of 2008 series E, $10.95 million of 2008 series F bonds and $4.04 million of 2008 series G bonds.

Sale of the bonds is expected on April 10.

The outlook is stable.


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