Staying Informed

Fitch Rates New Orleans, LA PIBs 'A-'; Outlook Negative

AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A-'rating to the following City of New Orleans, Louisiana public improvement bonds: --$40 million taxable public improvement bonds, issue of 2014A. The bonds are scheduled for a competitive sale on Dec. 11, 2013. Proceeds will be used to finance street, park and playground, library and other public improvements. In addition, Fitch ...
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