Fitch Ratings assigned an ‘A+’ rating to the city of Waterbury’s general obligation (GO) bonds:
–$30 million GO bonds, series 2011.
The bonds are expected to sell via negotiated sale on or about Aug. 18.
In addition, Fitch affirmed the following ratings:
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–$117.8 million in outstanding GO bonds at ‘A+’;
–$35.3 million in outstanding GO special capital reserve fund (SCRF) bonds at ‘AA-‘;
–$313.1 million in outstanding taxable GO pension obligation bonds (POBs) at ‘A+’.
The ratings outlook is stable, Fitch said.
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