Fitch Rates $18MM Vermont EDA (Agri-Mark, Inc.) Ser 1999A&B VRDBs 'AA-/F1+'

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a rating of \'AA-/F1+\' to the Vermont Economic Development Authority variable rate demand industrial development revenue bonds (Agri-Mark, Inc. Project), consisting of $17,000,000 series 1999A bonds and $1,000,000 1999B bonds. The rating is based on the support provided by an irrevocable, direct-pay letter of credit (LOC) issued by CoBank, ACB. The bonds were initially issued with the additional support of a confirming letter of credit (CLOC) provi

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