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19.06.2013 21:23:00
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West (City of) TX -- Moody's downgrades City of West (TX) to Baa2 from Baa1; assigns negative outlook
New York, June 19, 2013 -- Moody's Investors Service has downgraded the City of West's (TX) general obligation bond rating to Baa2 from Baa1. At the same time, we have assigned a negative outlook to the rating. The downgrade and outlook affects $385,000 in Moody's rated debt. The city also has outstanding $2.5 million of general obligation limited tax debt not rated by Moody's.
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