30.03.2015, 02:25
Fitch Withdraws Santa Maria, CA's Implied GO Rating
OREANDA-NEWS. March 30, 2015. Fitch Ratings has withdrawn the 'AA+' implied unlimited tax general obligation (ULTGO) bond rating on Santa Maria, California as Fitch no longer considers the rating to be analytically meaningful.
Fitch previously assigned the implied ULTGO rating in conjunction with Santa Maria Redevelopment Agency 2003 refunding lease revenue bonds that are no longer outstanding.
Applicable Criteria and Related Research:Tax-Supported Rating Criteria
U.S. Local Government Tax-Supported Rating Criteria
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