29.03.2016 23:22:00
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Moody's Affirms Aa1/VMIG 1 on Houston, TX's LOC-backed Combined Utility System Rev. Bonds, Ser. 2004B-2
New York, March 29, 2016 -- Moody's Investors Service has affirmed the letter of credit (LOC)-backed Aa1 / VMIG 1 ratings of the City of Houston, Texas Combined Utility System First Lien Revenue Refunding Bonds, Series 2004B-2 (the Bonds) in connection with the replacement of the current LOC provided by The Bank of New York Mellon with an LOC provided by Citibank, N.A. (the Bank).