Fitch Affirms Florida Govt. Utility Auth (Lake Aqua Utility) Utility Revs at 'A-'; Outlook Stable

AUSTIN, Texas–(BUSINESS WIRE)–Fitch Ratings affirms the ‘A-‘ ratings for the following Florida Governmental Utility Authority, Florida (FGUA) Lake Aqua Utility System (Lake Aqua or the system) bonds: –Approximately $17.5 million utility revenue bonds, series 2013A; –Approximately $595,000 taxable utility revenue bonds, series 2013B. The Rating Outlook is Stable. SECURITY The bonds are payable from a first lien pledge on the net operating revenues of the Lake Aqua system, which includes 24 s
Source: BusinessWire-Primary

Fitch Affirms Florida Govt. Utility Auth (Lake Aqua Utility) Utility Revs at 'A-'; Outlook Stable