April 18, 2008
Bond-Rating Update
The following institutions had their bond ratings upgraded during March. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.
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Del Mar College District, by Moody's Investors Service, from A2 to A1. Applies to $25.5-million in new bonds and $8.4-million in outstanding bonds. Reasons cited include continued growth of unrestricted financial
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