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Fitch Rates State of California Veterans Affairs GO Bonds Series CK, CL CM 'AA-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA-' rating to the $445.7 million State of California veterans general obligation (GO) bonds, series CK, CL and CM. Fitch has also affirmed the 'AA-' rating on the following outstanding bonds: --Approximately $446 million state of California Veterans GO bonds; --Approximately $360 million Department of Veterans Affairs home purchase revenue bonds. The Rating Outlook is Stable. SECURITY The primary source of payment for the bonds is monie

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