AUGUSTA (AP) – Maine Treasurer David Lemoine says state officials have been informed that two Wall Street rating agencies are reaffirming Maine’s bond rating.
The reviews by Standard & Poor’s and Moody’s Investors Service come in advance of the planned issuance of $141 million in general obligation bonds on June 1.
Maine’s general obligation bonds are rated by Moody’s at Aa3 and by S&P at AA.
Lemoine said Wednesday the agencies are both giving a stable outlook.
AP-ES-05-20-09 1505EDT
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