Fitch Rates Free Horizon Montessori School's (Colorado) Rev Bonds 'BBB'; Outlook Stab

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    • Jan 2009
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    Fitch Rates Free Horizon Montessori School's (Colorado) Rev Bonds 'BBB'; Outlook Stab

    Fitch Ratings assigns a 'BBB' rating to the following series of charter school revenue bonds issued by the Colorado Educational and Cultural Facilities Authority on behalf of the Free Horizon Montessori School (FHM, or the school).--$6.7 million series 2010 (Free Horizon Montessori School Project).The bonds are expected to sell via negotiation on or about June 25. Bond proceeds will be used to finance the purchase of the school's facility; to fund expansion of the facility; to acquire the land upon which the school sits, along with adjacent area; to refinance an existing loan; fund capitalized interest; and to pay various

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