· Fitch has also affirmed the ‘A+’ rating on $430 million of SUNY’s outstanding series 2013A and $269 million of SUNY’s outstanding series 2015A dormitory facilities revenue bonds and the ‘AA.
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NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘AA-‘ rating to the Florida Department of Transportation’s (FDOT) approximately $106 million turnpike revenue refunding bonds series 2016B. The Rating Outlook is Stable.
Mortgage revenue bonds (MRBs) are bonds issued by local or state Housing Finance Agencies (HFAs). The MRB loans’ below-market interest rates lower the homeowners’ monthly payments. This lowering of payments has the effect of helping the borrower qualify for a mortgage since the monthly.
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Industrial Revenue Bonds (IRBs). One of the ways in which state and local governments can subsidize private business is by providing Corporations can borrow money by issuing bonds on their own in the commercial marketplace, in which case they must offer investors the prevailing rate of interest.
NEW YORK–(BUSINESS WIRE)–Fitch Ratings assigns an ‘AA’ rating to the following JEA, Florida revenue bonds: –Approximately $84,300,000 million Electric System Revenue Bonds.
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NEW YORK-(BUSINESS WIRE)-Fitch Ratings has assigned an AA+’ rating to the following bonds of the Greenville, South Carolina (the city) Public Facilities Corporation (PFC): -$18,940,000 taxable installment purchase revenue bonds, series 2015. The installment purchase bonds are expected to sell on or about Dec. 3 via negotiation.