09.08.2016, 18:49
Fitch Rates Mercer County, NJ's 2016 GOs 'AA+'
OREANDA-NEWS. Fitch Ratings assigns an 'AA+' rating to the following general obligation (GO) bonds to be issued by Mercer County, NJ:
--$44,935,287 general capital improvement bonds, series 2016;
--$864,713 open space and farmland prevention bonds, series 2016.
The bonds will sell on August 24 via competitive sale. Proceeds will be used to finance repayment of maturing bond anticipation notes issued to finance the cost of various capital improvements and equipment, including open space and farmland acquisitions.
--$44,935,287 general capital improvement bonds, series 2016;
--$864,713 open space and farmland prevention bonds, series 2016.
The bonds will sell on August 24 via competitive sale. Proceeds will be used to finance repayment of maturing bond anticipation notes issued to finance the cost of various capital improvements and equipment, including open space and farmland acquisitions.
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