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General Obligations

NEVADA (STATE OF) - Moody's Research Report

MOODY'S ASSIGNS Aa2 TO NEVADA'S $116 MILLION GENERAL OBLIGATION (LIMITED TAX) BONDS, SERIES 2012; OUTLOOK IS STABLE

Posted on: February 21, 2012, 8:44 pm

NEW YORK, February 21, 2012 --Moody's has assigned a Aa2 rating to the state of Nevada's upcoming sale of General Obligation (Limited Tax) Bonds, Series 2012, as listed above. The Series 2012A through 2012D bonds are expected to price on or around March 6. The Series2012E bonds are expected to price in July. Proceeds of the bonds will be used to finance and refinance certain loans to certain local governments within the State of Nevada as well as to refund all or part of certain general obligation and revenue supported bonds...

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