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| | Fitch Rates Suffolk County Water Authority, NY Revs 'AA+' Upgrades Outstanding Debt (Site not responding. Last check: 2007-11-06) |
 | | The upgrade of the senior lien bonds to 'AA+' from 'AA', as well as the assignment of the 'AA+' rating to the subordinate lien debt are based on SCWA's consistently healthy financial performance, manageable capital needs, low rates, strong debt service coverage, and a stable, relatively affluent service area. |
 | | Suffolk County is located on eastern Long Island and its economy benefits from proximity to the New York City metropolitan area, as well as its own diverse economic base. |
 | | Fitch rates the separate Suffolk County government's general obligation bonds 'A+' with a Positive Outlook, reflecting its diversified economic base and improving financial outlook. |
| www.quote.com /qc/news/story.aspx?symbols=BWIRE:100&story=200510132143_BWR__BW5771 (812 words) |
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