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Article: Fitch Rates $135MM San Francisco GO Bonds 'AA-'; Affirms Outstanding.
- Article from:
- Business Wire
- Article date:
- February 23, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO -- Fitch Ratings assigns an 'AA-' rating to $135 million City and County of San Francisco's general obligation (GO) bonds (San Francisco General Hospital improvement bonds, 2008), series 2009A, and an 'A+' rating to $35 million City and County of San Francisco Finance Corporation lease revenue bonds, series 2009A (Branch Library Improvement Program). Fitch also affirms the following ratings:
--$20.6 million in City and County of San Francisco (the city) settlement obligation bonds at 'A+';
--$406.6 million various San Francisco Finance Corporation (the corporation) lease-secured obligations at 'A+';
--$67.3 million in corporation ...