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Moody's Downgrades to Baa2 Reno, Nev., Revenue Bonds

NOV 20, 2012 7:44am ET

Moody's Investors Service said it has downgraded to Baa2 from A3 the city of Reno, Nev., capital improvement revenue bonds, Series 2002, capital improvement revenue refunding bonds, Series 2005A and capital improvement revenue bonds, Series 2005 B and C (taxable) in the aggregate amount of approximately $130 million.

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