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S&P Cuts Jefferson County, Ala. Sewer Warrants to D

BRADENTON, Fla. - Standard & Poor’s late Tuesday lowered its underlying rating on Jefferson County, Ala.’s Series 2003B-2 through 2003B-7 sewer revenue refunding warrants to D from CCC due to failure of the county to make a principal payment on the warrants on April 1 in accordance with the terms...

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