Fitch Corrects Bond Description on Wayne County, Michigan's $25MM Limited Tax GOs

Business Wire

posted: 22 DAYS 13 HOURS AGO

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Fitch Ratings corrects the bond description on recently rated Wayne County, Michigan limited tax building improvement bonds. The bonds originally named general obligation (GO) limited tax building improvement bonds, series 2009B (taxable - recovery zone economic development bonds) are now named general obligation (GO) limited tax building improvement bonds, series 2009A. The county did not choose to issue recovery zone bonds due to market conditions. The par amount of about $25 million and the rating of 'BBB+' with a Negative Outlook remain the same.

For further information, see the press release dated Oct. 13, 2009.

Additional information is available at www.fitchratings.com.

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