Tag Archive | "fitch ratings"

seal-hawaiicounty

County’s strong bond rating affirmed

MEDIA RELEASE Fitch Ratings on Wednesday affirmed the County of Hawaii’s strong bond rating, citing the county’s sound financial management and conservative budgeting as grounds to maintain the county’s “AA-” classification. Moody’s Investors Service and Standard & Poor’s Rating Services also affirmed the county’s ratings. “This rating review by nationally recognized experts is a testament […]

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Abercrombie Administration sells $1.28B bonds

Abercrombie Administration sells $1.28B bonds

MEDIA RELEASE Retail and institutional investors responded favorably to the State of Hawaii’s creditworthiness and financial planning as reflected in the State’s recent bond transaction in New York. Gov. Neil Abercrombie and Budget & Finance Director Kalbert Young announced Thursday the State successfully sold $1.28 billion of General Obligation Bonds (Bonds) over a week ago. […]

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DOT Harbors Division sells $201M in revenue bonds

DOT Harbors Division sells $201M in revenue bonds

MEDIA RELEASE Gov. Linda Lingle has announced the state Department of Transportation – Harbors Division successfully sold $201.39 million of Harbors System Revenue Bonds to fund various capital projects for the State’s Harbors Modernization Plan and to refinance existing bonds for debt service savings. The $164.275 million new money bonds are tax-exempt under the provisions […]

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