13.12.2013 19:31:00

Miami-Dade (County of) FL -- Moody's downgrades $9.9M Miami-Dade Co. (FL) Fire-Rescue GO's to Aa3 from Aa2; negative outlook

New York, December 13, 2013 -- Moody's Investors Service has downgraded the rating on Miami-Dade Co. (FL) $9.9 million Special Obligation Bonds, Series 2002 of the Fire-Rescue District to Aa3 from Aa2. The bonds are secured by unlimited ad valorem revenues levied and collected in the district, which composes a sizable amount of countywide population and taxable values. The bonds mature in nine years. The outlook is negative.

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