Fitch Ratings gave the city of Danbury a triple-A rating on its newest $12 million debt issue to fund sewer-service, school and other municipal improvements.
Fitch also rated Danbury’s $2.5 million issue of bond anticipation notes (BANs) ‘F1+’.
Both the general obligation bonds and BANS are due to be sold this week.
Fitch also affirmed its AAA rating on the city’s outstanding $159.3 million in GO bonds, with a stable rating outlook.
