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Home | Fitch Takes Various Rating Actions on Enhanced Variable-Rate Muni Bonds |
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Fitch Takes Various Rating Actions on Enhanced Variable-Rate Muni Bonds
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- September 18, 2010
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NEW YORK–(BUSINESS WIRE)–Fitch Ratings has taken various rating actions on enhanced variable-rate municipal bonds supported by letters of credit and liquidity facilities provided by various banks. The long-term rating on certain municipal bonds may be higher than the long-term rating of the enhancement provider due to consideration given to Fitch’s dual-party pay criteria outlined in [...]This article (Fitch Takes Various Rating Actions on Enhanced Variable-Rate Muni Bonds) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
- Read more at:http://www.americanbankingnews.com/2010/09/17/fitch-takes-various-rating-actions-on-enhanced-variable-rate-muni-bonds/
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