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Pleasantville Gets Aa2 Bond Rating From Moody's

Moody's gave Pleasantville's public improvement bonds an Aa2 rating.
Moody's gave Pleasantville's public improvement bonds an Aa2 rating. Photo Credit: File

PLEASANTVILLE, N.Y. -- Moody's Investors Service has assigned a Aa2 rating to Pleasantville's $2.2 million public improvement (serial) bonds, 2015.

Concurrently, Moody's has affirmed the Aa2 rating on the village's outstanding long-term parity debt. After the sale, the village will have $7.7 million in rated general obligation limited tax debt.

An Aa2 rating by Moody's means the bonds are seen as high-quality and a very low credit risk.

The Aa2 rating reflects the village's strong financial position and above-average wealth indices. The rating also reflects the moderately sized tax base.

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