DALLAS - The $144 million of outstanding bonds for Glendale, Ariz.'s National Hockey League arena should withstand the loss of the Phoenix Coyotes in the short term, but the vacancy will add pressure to the city's finances, Moody's Investors Service analysts said.

The arena, which carries the name of sponsor Jobing.com, was financed with the 2003 issuance of approximately $155 million of excise tax revenue bonds that Moody's rates Aa3 with a stable outlook, and approximately $25 million of general obligation bonds, rated Aa2 with a stable outlook.

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