Fitch Rates Pinal County Excise Tax Revs ‘AA-‘; Outlook Stable

Pinal County

Business Wire

Pinal CountyFitch Ratings has assigned an ‘AA-‘ rating to the Pinal County (the county), Arizona’s following obligations:

–$50.5 million pledged revenue obligations, series 2014;

–$40.8 million pledged revenue refunding obligations, series 2014.

The bonds are scheduled for a negotiated sale the week of Dec. 1, subject to market conditions. Proceeds of the revenue obligations will finance public safety and road improvements. The revenue refunding bond proceeds will refund the county’s series 2006 revenue bonds for interest savings.

Additionally, Fitch affirms the county’s implied unlimited tax general obligation (GO) rating at ‘AA-‘ and the county’s $54.6 million in outstanding certificates of participation (COPs) series 2004 at ‘A+’.

The Rating Outlook is Stable.

Continued

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

November 2014
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930