Summary
The difference of a single letter A will likely mean a better interest rate for Oklahoma City and the difference of attracting about a dozen institutional investors for the upcoming issuance of bond debt instead of in the single digits, authorities at City Hall said.
Standard & Poor's Ratings Services recently assigned its AAA long- term rating to Oklahoma City's series 2011 general obligation bonds and affirmed the city's triple-A long-term rating and underlying rating on the city's outstanding general obligation debt with a stable outlook.See the full content of this document
Extract
Okc Receives Triple-a S&P Rating
The municipal government received a similar triple-A bond rating from Moody's Investor Service. Both ratings are the highest offered by the services, putting Oklahoma City in an elite group of the best municipal credits ...
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