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MOODY'S RAISES RATINGS RELATED TO COMMONWEALTH OF MASSACHUSETTS GENERAL OBLIGATIONS

 MOODY'S RAISES RATINGS RELATED TO
 COMMONWEALTH OF MASSACHUSETTS GENERAL OBLIGATIONS
 NEW YORK, Sept. 10 /PRNewswire/ -- In connection with the action taken yesterday, raising from Baa to A the rating assigned to the Commonwealth of Massachusetts general obligation bonds, Moody's Investors Service also raised to A the ratings assigned to the following bonds:
 -- Commonwealth of Massachusetts Fiscal Recovery Loan Act of 1990
 (dedicated income tax), Series A bonds
 -- Massachusetts Bay Transportation Authority general obligation
 bonds
 -- Massachusetts Convention Center Authority, Hynes Convention
 Center revenue bonds
 -- Massachusetts Government Land Bank, Series 1987 bonds
 -- University Building Authorities:
 - Massachusetts State College Building Authority, commonwealth
 guaranteed bonds
 - Southeastern Massachusetts University Building, commonwealth
 guaranteed bonds
 - University of Lowell Building Authority (formerly Lowell
 Technological Institute Building Authority), commonwealth
 guaranteed bonds.
 - University of Massachusetts Building Authority, commonwealth
 guaranteed bonds
 -- Woods Hole, Martha's Vineyard and Nantucket Steamship Authority,
 state guaranteed bonds
 -- Mashpee, state guaranteed bonds
 -- Regional Transit Authorities:
 - Boston Metropolitan District bonds
 - Brockton Area Transit Authority bonds
 - Merrimack Valley Regional Transit Authority bonds
 - Pioneer Valley Transit Authority bonds
 The Commonwealth of Massachusetts Fiscal Recovery Loan, Series A bonds were previously rated Baa1; all other bonds listed above were previously rated Baa.
 -0- 9/10/92
 /CONTACT: George Leung, vice president and managing director-state ratings, 212-553-0342, or Steve Hochman, vice president, assistant director-state ratings, 212-553-0338, both of Moody's Public Finance Department/ CO: ST: Massachusetts IN: SU: RTG


TS-LR -- NY047 -- 8009 09/10/92 12:05 EDT
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Publication:PR Newswire
Date:Sep 10, 1992
Words:235
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