Industry | 2009.11.06
Fitch Affirms Syracuse IDA (NY) School Facility Revs at 'A'; Outlook Revised to Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms Syracuse Industrial Development Agency\'s (IDA) school facility revenue bonds (Syracuse City School District Project) series 2008A at \'A\'. The Rating Outlook is revised to Stable from Positive. The \'A\' rating reflects the nature of the pledged revenue stream, satisfactory debt service coverage on all related obligations, and general credit characteristics of the State of New York. The rating further reflects the appropriation risk associated with t
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