(PR-inside.com) Fitch Ratings upgrades Denver (City & County) CO airport system revenue bonds series 2008B (LOC: Wells Fargo Bank, N.A.) to 'AA+' from 'AA'. The rating is based on Fitch's dual-party pay methodology which considers the likelihood of the failure of both a rated obligor and a bank letter of credit provider. The Rating Outlook remains Stable. Additional information is available at ' www.fitchratings.com : http://cts.businesswire.com/ct/CT?id...77fa0e466963d5 '. Applicable Criteria and Related Research. --'U.S. Municipal Structured Finance Rating Criteria', dated Aug. 16, 2010; --'Rating Guidelines for Letter of Credit-Supported Bonds', dated April 29, 2009. --'Dual-Party Pay Criteria For Long-Term Ratings on LOC-Supported U.S. Public Finance Bonds', ..
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