(PR-inside.com) Fitch Ratings affirms the 'BBB-' rating on the following series of Colorado Educational and Cultural Facilities Authority (CECFA) revenue bonds issued on behalf of Colorado Public Radio (CPR, or the station).--$4.4 million CECFA revenue bonds (Colorado Public Radio) series 2002.The Rating Outlook is Stable.RATING RATIONALE.--CPR's track record of generally breakeven to positive operating performance, fueled by its large state-wide listener base and stable donor support, underpins the 'BBB-' rating.--Counterbalancing credit factors include CPR's limited financial cushion, demonstrated by weak balance sheet liquidity and high financial leverage.--CPR benefits from its long-standing and experienced management team, which has implemented strategic initiatives over ..
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