Fitch Rates Metropolitan Water District of Southern California's 2006 Series B Bonds 'AA+'
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Fitch assigns a rating of 'AA+' to Metropolitan Water District of Southern California's (Metropolitan) approximately $45 million water revenue refunding bonds, 2006 series B. The 2006 series B bonds are scheduled to sell via negotiated sale on Oct. 5, 2006.
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The Australian state of Tasmania&#39;s long- term local and foreign currency credit ratings have been raised one level to AA+ because the state government is reducing debt, Standard &amp; Poor&#39;s Corp.
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Signaling it can no longer vouch for the fiscal health of America&#39;s seventh-largest city, a major Wall Street credit-rating agency Monday suspended its ratings for San Diego because officials
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By Jasmine Kripalani, The Miami Herald  Sep. 17--County commissioners gave the go-ahead Tuesday for a $2.73 million bond to help build a mixed-use affordable-housing project in South Miami and extend the city's Community Redevelopment Agency until 2020.
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By Kyodo News International, Tokyo  Feb. 9--TOKYO -- Standard & Poor's Ratings Service said Friday it has  raised its ratings for Matsushita Electric Industrial Co., Mitsubishi Electric  Corp. and Fujitsu Ltd. by one notch each due to improving profitability and  cash flows.
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Goldman Sachs Group Inc.  subprime mortgage bonds issued last year are being downgraded by rating companies at the fastest rate of any issuer, according to Citigroup Inc. research dated June 22.
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Fitch Ratings on Monday said it may downgrade the foreign and local currency debt ratings for Mexico&#39;s Cemex (CEMEXCPO.MX: Quote, Profile, Research) , citing the cement maker&#39;s plans to buy Britain&#39;s RMC Group for 2.3 billion
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Fitch Ratings said it might downgrade bonds valued at $7.1 billion due to rising delinquencies and defaults on subprime mortgages.
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By The Sun News, Myrtle Beach, S.C.  Mar. 5--The pressures of growth have caught up with the 4,000 customers of the Sunset Beach, N.C., water system, who in a few months will be paying dramatically higher monthly bills.
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By Post-Bulletin, Rochester, Minn.  Feb. 19--The Mower County Soil and Water Conservation District was  granted the District Excellence Award for 2006 at the National Association of  Conservation Districts annual convention earlier this month in Los Angeles.
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New York, Dec 20 - Moody&#39;s Investors Service placed the Ba2 senior secured bonds of Panda-Rosemary Funding Corporation (the &quot;project&quot;) under review for possible upgrade.
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LONDON (Dow Jones)--Australia and New Zealand Banking Group Ltd. (ANZ) has priced aC$100 million four-year bond with the following terms, lead manager TD Securities said Wednesday: Amount: C$100 million Maturity: Nov.
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Fitch on Monday revised the outlook on the debt of Public Service Enterprise Group (PEG.N: Quote, Profile, Research) and its subsidiary PSEG Power LLC to positive from stable, citing the group&#39;s merger with Exelon Corp.
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By NOAKI SCHWARTZ  LOS ANGELES - Regional water officials voted Thursday to fine cities surrounding Santa Monica Bay up to $10,000 a day if beaches do not meet clean-water standards.
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By Manny Gamallo, Tulsa World, Okla.  Feb. 9--SAND SPRINGS -- Water, sewer and trash customers will see a combined rate increase of 3 percent to 5 percent in next month's utility bills, city officials said.
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NEW YORK -- A downgrade of bond insurer Ambac Financial Group Inc. is likely to have far-reaching effects, making it more difficult for cities to issue new bonds and forcing further write-downs at financial services companies, analysts said Friday.
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SACRAMENTO - Fitch Ratings yesterday became the third major Wall Street rating firm to give the State of California bond rating an upgrade, citing the end of a potential cash crisis and an improving economy.