State of California - Fitch Research

State of California

State of California - Fitch Research
State of California
Published Aug 25, 2015
6 pages (3953 words) — Published Aug 25, 2015
Price US$ 400.00  |  Buy this Report Now

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Brief Excerpt:

...Sale Information: $550,000,000 Various Purpose General Obligation Bonds, and $1,350,000,000 Various Purpose General Obligation Refunding Bonds, scheduled to sell via negotiation on Aug. 26. Security: GOs, full faith and credit, subject to the prior application of moneys to public education; funds for education represent approximately one-half of state spending. Purpose: Bond proceeds will be used to fund capital projects, pay certain of the state's outstanding GO commercial paper notes as they mature, current or advance refund certain of the state's GO bonds for debt service savings and pay certain costs of issuance. Final Maturity: To be determined....

  
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MLA:
Fitch Research. "State of California" Aug 25, 2015. Alacra Store. May 15, 2025. <http://www.alacrastore.com/fitch-credit-research/State-of-California-869567_report_frame>
  
APA:
Fitch Research. (). State of California Aug 25, 2015. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/fitch-credit-research/State-of-California-869567_report_frame>
  
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