OREANDA-NEWS. Fitch Ratings has withdrawn the 'C' rating on the following bonds issued on behalf of the Brighter Choice Charter Middle School for Boys and the Brighter Choice Charter Middle School for Girls, New York (BCCMS):

--$15 million Industrial Development Authority of the City of Phoenix, Arizona educational facility revenue bonds (Brighter Choice Foundation Charter Middle Schools project), series 2012.

Fitch is withdrawing the rating as the Brighter Choice Foundation (guarantor) has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the rating. Accordingly, Fitch will no longer provide a rating or analytical coverage for BCCMS.