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GLENDALE COMMUNITY DEVELOPMENT AUTHORITY, WI - Moody's Research Report

Moody's assigns A1 rating to the Community Development Authority of the City of Glendale's (WI) $16.5 million Community Development Refunding Lease Revenue Bonds, Series 2012 (TID No. 7)

Posted on: June 15, 2012, 7:51 pm

NEW YORK, June 15, 2012 --Moody's Investors Service has assigned an A1 rating the Community Development Refunding Lease Revenue Bonds, Series 2012 (TID No. 7) issued through the Community Development Authority (CDA) of the City of Glendale, WI. Concurrently, Moody's has affirmed the Aa2 rating on the city's general obligation unlimited tax debt and A1 rating on the city's outstanding lease revenue bonds. Post-sale, the city will have $40.1 million of outstanding general obligation debt and $114.6 million of outstanding lease revenue debt...

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