Fitch: USPF State Revolving Funds & Municipal Loan Pools Remain Strong

AUSTIN--(BUSINESS WIRE)-- U.S. Public Finance State Revolving Fund (SRF) and Leveraged Municipal Loan Pool (MLP) programs remain highly rated with strong performance, according to a new Fitch Ratings report.

'These high (sector) ratings are largely attributable to the strong credit quality of the program pool participants, the financial strength of the programs' structures or a combination of these two factors,' said Major Parkhurst, Director at Fitch.

Reflecting the stability of the sector, there have been no rating changes to Fitch's rated pooled programs since its initial peer review report in 2013. The majority of the metrics monitored by Fitch also remains the same or similar to those presented in Fitch's 2013 and 2014 peer reviews.

For more information, a special report titled 'SRF and MLP Peer Study' is available on the Fitch web site at www.fitchratings.com.

Additional information is available at 'www.fitchratings.com'.

State Revolving Fund and Municipal Loan Pool Peer Review (2015 Peer Review)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=872727

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151029006868/en/

Fitch Ratings
Major Parkhurst
Director
+1-512-215-3724
Fitch Ratings, Inc.
111 Congress Ave. Suite 2010
Austin, TX 78701
or
Julie G. Seebach
Director
+1-512-215-3743
or
Doug Scott
Managing Director
+1-512-215-3725
or
Media Relations
Sandro Scenga, +1 212-908-0278
[email protected]

Source: Fitch Ratings

You May Also Be Interested In

• Tyler Family Law's Natalie Tyler Publishes Guide on Dekalb County Custody Modification
• Codoxo Secures Higher Ranking on 2026 Inc. 5000 List of America's Fastest-Growing Private Companies
• BTQ Technologies Announces 2026 AGM Results