Fitch Affirms U.S. Municipal Standalone GARVEE Ratings.

Fitch Ratings – New York – 20 Mar 2025: Fitch Ratings has affirmed the ratings for the following standalone grant anticipation revenue vehicle (GARVEE) bonds:

–Chicago Transit Authority at ‘BBB’;

–Florida Department of Transportation at ‘A+’;

–Georgia State Road and Tollway Authority at ‘A+’;

–Idaho Housing and Finance Association at ‘A+’;

–Kentucky Asset Liability Commission at ‘A+’;

–Maine Municipal Bond Bank at ‘A+’

–State of North Carolina at ‘A+’.

–New Jersey Transportation Trust Fund Authority at ‘A’.

The Rating Outlooks on all bonds are Stable.

Continue reading.



Copyright © 2025 Bond Case Briefs | bondcasebriefs.com