Fitch Upgrades Arcadia Redevelopment Agency (CA) Tax Allocation Bonds to ‘A+’; Outlook Stable
SAN FRANCISCO–(BUSINESS WIRE)–In the course of routine surveillance, Fitch Ratings has taken the following action on Arcadia Redevelopment Agency (Central Redevelopment Project), California’s tax allocation bonds, series 2001A: –$7.8 million tax allocation bonds, series 2001A to ‘A+’ from ‘A’. The Rating Outlook is Stable. RATING RATIONALE: –The rating upgrade reflects very high levels of …
Published May 6, 2011.
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