Fitch Ratings

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings assigns an 'AA+' rating to Chelan County Public Utility District No. 1 (the district) Washington's $21.9 million and $8.5 million series 2009A and 2009B, respectively, consolidated system subordinated notes. Outstanding ($53.7 million) parity subordinated revenue notes are affirmed at 'AA+' by Fitch. In addition, Fitch also affirms outstanding senior ($486.3 million) and subordinated ($173.3 million) consolidated system revenue bonds and hydroelectric project revenue bonds (aggregate $286.2 million). The Rating Outlook is Stable. The fixed rate 2009 notes, with a three, four or five year maturity, are ...

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings assigns a 'BBB-' issuer credit rating to Big Rivers Electric Corporation, Kentucky (Big Rivers). The Rating Outlook is Stable. A full report will follow. Fitch initially assigned the 'BBB-' rating on May 18, 2009 but withdrew the rating on June 3, 2009 when the issuer advised Fitch that the unwind transaction (as discussed below) was not proceeding, as one party to the agreement declined to sign off. Subsequently, an agreement has been reached by the parties and the transaction is moving forward. ...

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has assigned a short-term rating of 'F1+' to Lucas County, Ohio's $90 million limited tax general obligation (LTGO) arena improvement bond anticipation notes (BANs) consisting of: --$50 million series 2009; --$40 million series 2009 (taxable). The BANs are scheduled to sell via negotiated sale on or about July 8, 2009 and are payable from ad valorem taxes levied on all taxable property within the county, subject to the state of Ohio's (the state) ...

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has affirmed the 'AA-' unenhanced rating for Hospital Sisters Services, Inc.'s (HSSI) approximate $588 million of Illinois Finance Authority and Wisconsin Health and Educational Facilities Authority revenue bonds. In addition, Fitch has affirmed the 'F1+' short-term rating on approximately $90.3 million Wisconsin Health and Educational Facilities Authority series 2008B and 2003B revenue bonds outstanding and approximately $127.4 million of Illinois Finance Authority series 2008A revenue bonds outstanding. The Rating Outlook is Stable. The 'F1+' short-term rating reflects the sufficiency of HSSI's cash and ...

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has downgraded and assigned a Rating Outlook on the following class of GECMC 2003-C2 commercial mortgage pass-through certificates, series 2003-C2: --$8 million class BLVD-5 to 'BB+' from 'BBB-'; Outlook Negative. Fitch has also placed the following classes on Rating Watch Negative: --$1.9 million class BLVD-1 'A'; Watch Negative; --$2.5 million class BLVD-2 'A-'; Watch Negative; --$4.5 million class BLVD-3 'BBB+'; Watch ...