Moody's assigns Aaa rating to Mecklenburg County's (NC) $306 million GO bonds, Series 2013A&B and Aa1 rating to $15 million of LOB's Series 2013; outlook remains stable

Posted on: December 26, 2012, 4:00 pm

NEW YORK, December 26, 2012 --Moody's has assigned a Aaa rating and a stable outlook to Mecklenburg County's (NC) $206 million of General Obligation Refunding Bonds, Series 2013A and $100 million of General Obligation Public Improvement Bonds, Series 2013B. Additionally, Moody's has assigned a Aa1 rating to $15 million of Taxable Limited Obligation Bonds Series 2013. Concurrently, we have affirmed the Aaa rating and stable outlook on various general obligation bonds outstanding and Aa1 rating and stable outlook on various certificates of participation and limited obligation bonds; total debt outstanding is approximately $1.9 billion...

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