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BRIEF-S&P On Virginia: Stable outlook
October 7, 2016 / 8:21 PM / a year ago

BRIEF-S&P On Virginia: Stable outlook

Oct 7 (Reuters) - S&P On Virginia:

* Virginia series 2016a, b go bonds assigned ‘aaa’ ratings; other ratings affirmed

* Rating reflects view of economy, although growth rates have slowed in recent years tied to effects of federal sequestration

* Stable outlook reflects proactive identification of revenue shortfalls, historically demonstrated active budget management

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