Fitch Rates Park Creek Metro District, CO's Sr. Limited Tax Bonds 'BBB'; Outlook Stable

AUSTIN, Texas–(BUSINESS WIRE)–Fitch Ratings has assigned a ‘BBB’ rating to the following bonds of Park Creek Metropolitan District, Colorado (the district): –$40 million senior limited property tax supported revenue bonds tax-exempt series 2016A; –$20 million senior limited property tax supported revenue bonds taxable series 2016B. The bonds are scheduled to sell Dec. 7 via negotiation. Proceeds of the bonds will be used to refund a portion of the outstanding developer advances of the distr
Source: BusinessWire-Primary

Fitch Rates Park Creek Metro District, CO's Sr. Limited Tax Bonds 'BBB'; Outlook Stable