Fitch Rates Denver, Colorado's $114MM GO Bonds 'AA+'; Outlook Stable

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    • Jan 2009
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    Fitch Rates Denver, Colorado's $114MM GO Bonds 'AA+'; Outlook Stable

    Fitch Ratings assigns an 'AA+' rating to the City and County of Denver (the city), Colorado's approximately $104 million general obligation (GO) Better Denver and zoo bonds, series 2009A, and $14.0 million GO various purpose bonds, series 2009B. The 2009A and 2009B bonds are scheduled to sell via negotiation the week of June 8. Fitch also affirms the following ratings on the city's outstanding debt. --$551.7 million GO bonds at 'AA+'; --$417 million certificates of participation at 'AA'; In addition, Fitch affirms its 'AA+' rating on the City and County of Denver Board of Water Commissioners $42.7 million GO bonds. The

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