Staying Informed

Fitch Rates Abilene, TX $65MM Certificates of Obligation 'AA+'; Outlook Stable

AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned its 'AA+' rating to the following Abilene, Texas (the city) obligations: --$65 million certificates of obligation (COs), series 2013. The COs are scheduled to sell via negotiation the week of Oct. 21. Proceeds from the COs will be utilized for water and sewer system improvements and to pay issuance costs. In addition, Fitch affirms the ...

 

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