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Newnan, Ga., 2005 Housing Revs Lowered to BB-Minus by S&P

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Standard & Poor's Ratings Services lowered its long-term rating on Newnan Housing Authority, Ga.'s multifamily housing revenue bonds (Eastgate Apartments Project) series 2005 to BB-minus from BB. "The downgrade reflects our view of insufficient coverage on the date of remarketing," said Standard & ...
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