UPDATE 1-Georgia county to sell $219.8 mln of bonds next week
Feb 27 (Reuters) - Fulton County, Georgia, is planning to sell $219.8 million of water and sewerage revenue refunding bonds during the week of March 4, said a market source on Wednesday.
The lead manager on the sale is JP Morgan Securities, which had no comment on the matter.
On Wednesday, Standard & Poor's Ratings Services revised the outlook on the bonds' AA-minus rating to stable from negative, citing the expectation the county will sustain improved debt service coverage margins and a strong liquidity position.
- Radar showed missing plane may have turned back: Malaysia military
- Missing Malaysian jet may have disintegrated in mid-air: source |
- Malaysian plane presumed crashed; questions over false IDs |
- Exclusive: Malaysia plane probe narrows on mid-air disintegration - source