Rhode Island Treasurer Frank Caprio on Monday urged Moody's Investors Service to withhold its rating on a $75 million taxable bond deal that would finance the relocation of a video game company headed by former Red Sox baseball player Curt Schilling.

The Rhode Island Economic Development Corp. is the conduit issuer for the transaction. The bonds are part of Rhode Island's Job Creation Guaranty Program, which allows for up to $125 million of bonding to help generate job growth in the state. Rhode Island's 11.9% unemployment rate in July compares with a seasonally adjusted national rate of 9.5%.

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