New York, December 24, 2014 -- Moody's Investors Service maintains the underlying Ba3 rating with a stable outlook on the Kentucky Economic Development Finance Authority's (KEDFA) Louisville Arena Project Revenue Senior Lien Bonds. Debt outstanding includes: $319 million Series 2008-A bonds, $15 million Series 2008-B bonds and $9.9 million Series 2008-C bonds. The Series A bonds consist of $284 million of current interest fixed rate bonds and $26.9 million of capital appreciation bonds. The Series B bonds are taxable fixed rate bonds. Both issues are insured by Assured Guaranty Corp. (A3, negative outlook). The Series C bonds are unrated and uninsured.

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