Fitch Rates Denver, Colorado's $110MM Excise Tax Revs A+'; Outlook Stable

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    • Jan 2009
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    Fitch Rates Denver, Colorado's $110MM Excise Tax Revs A+'; Outlook Stable

    (PR-inside.com) Fitch Ratings assigns an 'A+' rating to the City and County of Denver, Colorado's (the city) excise tax revenue refunding bonds as follows: --$73.3 million series 2009A; --$36.9 million series 2009B. The 2009A bonds and 2009B bonds are scheduled to sell via negotiation the week of March 23, 2009 and April 20, 2009, respectively. The Rating Outlook is Stable. Fitch affirms the following ratings on the city's outstanding debt: --$551.7 million general obligation (GO) bonds at 'AA+'; --$417 million certificates of participation at 'AA'; --$199.9 million ..

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