30.04.2014 21:35:00
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Florida State Board of Education -- Moody's corrects the insured rating of the Florida State Board of Education, Lottery Revenue Bonds, Series 2005A, CUSIP 341507N23
New York, April 30, 2014 -- Moody's is correcting the insured rating of the Florida State Board of Education, Lottery Revenue Bonds, Series 2005A, CUSIP 341507N23 to A1 from Aa1 to correctly reflect the higher of the underlying rating of the bond (rated A1) and AMBAC (rated WR), the bond insurer. Due to an internal administrative error, the insured rating previously reflected the rating of Berkshire Hathaway, which is not the bond insurer.