Technology | 2010.02.24
Fitch Rates $2.25MM Meriwether County IDA, GA (Crown Technology Proj.), Series 2010 'AAA/F1+'
NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a rating of \'AAA/F1+\' to the $2,250,000 Meriwether County Industrial Development Authority (IDA) revenue bonds (Crown Technology, LLC Project), series 2010. The rating is based on the support provided by an irrevocable confirming letter of credit (CLOC) issued by the Federal Home Loan Bank of Atlanta (FHLB) (rated \'AAA/F1+\' by Fitch) which confirms an irrevocable, direct-pay letter of credit (LOC) issued by Columbus Bank and Trust Company. The LOC
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