LOS ANGELES -- California officials expect ratings this week for the state's estimated $400 million issue of revenue anticipation warrants scheduled for June 23.

The state's top finance officials met with rating agencies in New York City Friday to explain the rationale for the sale and the security for the warrants.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.