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RIVERSOUTH AUTHORITY, OH - Moody's Research Report

MOODY'S ASSIGNS Aa2 RATING TO THE RIVERSOUTH AUTHORITY'S (OH) $30.3 MILLION RIVERSOUTH AREA REDEVELOPMENT REFUNDING BONDS, 2012 SERIES A

Posted on: March 23, 2012, 6:32 pm

NEW YORK, March 23, 2012 --Moody's Investors Service has assigned a Aa2 rating to the RiverSouth Authority's (OH) $30.3 million Riversouth Area Redevelopment Refunding Bonds, 2012 Series A (Payable from City of Columbus, Ohio Annual Rental Appropriation). Moody's maintains a Aa2 rating on $75.9 million in post-sale Riversouth Area Redevelopment Lease Rental Appropriation Bonds, including the current offering and the Series 2005A bonds. We also maintain a Aaa rating and stable outlook on the City of Columbus' GOLT and GOULT debt. The city has $1.96 billion of outstanding GO debt...

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