Fitch Rates Lewisville, TX GOs 'AAA'; Outlook Stable

AUSTIN, Texas–(BUSINESS WIRE)–Fitch Ratings has assigned a ‘AAA’ rating to the following obligations of Lewisville, Texas (the city): –$15.7 million (est.) general obligation (GO) refunding and improvement bonds, series 2016; –$8.9 million tax notes, series 2016. The bonds and notes are scheduled for a negotiated sale the week of June 6, 2016. Bond proceeds will be used to refund a portion of the city’s outstanding tax-supported debt for interest savings and finance various infrastructure i
Source: BusinessWire-Primary

Fitch Rates Lewisville, TX GOs 'AAA'; Outlook Stable