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Article: Fitch Confirms Credit Assessment of New Orleans Aviation Bd's LA Car Rental Project Bnds.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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The New Orleans Aviation Board (NOAB) posted a preliminary official statement for the proposed $97.985 million New Orleans Aviation Board (NOAB) Gulf Opportunity Zone CFC Revenue Bonds (Consolidated Rental Car Project) Series 2009A (Non-AMT) that includes a reference to a September 30, 2009 credit assessment provided by Fitch Ratings. Fitch confirms that it provided a credit assessment of 'BBB-'. This credit assessment was based on information provided to Fitch through Sept. 30, 2009. Any updated information or structural changes related to this proposed financing since the effective date of this credit assessment have not been reviewed by Fitch.
Fitch's analysis ...