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Oregon credit still good

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High Five
Monday, November 09, 2009

Oregon received good credit ratings from three national credit-scoring firms at a time when other states are being warned about possible downgrades.

The separate reports were released by Moody's, Fitch Inc. and Standard and Poor's just as the state prepared to sell another $50 million in bonds for energy conservation, renewable energy and pollution control projects.

State Treasurer Ben Westlund said the ratings will result in lower interest costs on long-term debt.

Read the full story at the Statesman Journal.

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