Moody’s affirms high rating for Pleasant Hill general obligation bonds

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Moody’s Investors Service has affirmed the Aa3 rating for the city of Pleasant Hill’s $2.1 million general obligation corporate purpose bonds, Series 2015. The ranking is the fourth-highest ranking in Moody’s long-term corporation obligation rating. “Maintaining an Aa3 bond rating demonstrates our sound financial position and demonstrates the city’s healthy growth in reserves,” City Manager Don Sandor said in a release.