Rating firm upgrades Surprise bonds

Screen Shot 2015-03-01 at 10.25.19 AMYour West Valley.com

Fitch Ratings, one of the “big three” nationally recognized credit-rating agencies, has upgraded Surprise’s bonds, a move that lowers the municipality’s borrowing costs, city officials and the rating agency have announced.

Surprise Municipal Property Corporation (MPC) Sewer Development Fee Revenue Bonds- Series 2007, to ‘A‘ from ‘A-’, according to city officials. Fitch also reissued a rating outlook of “stable.”

The rating agency credited the city’s improved debt structure, according to a news release issued by the city.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.