Fitch Affirms Indianapolis Bond Bank, Indiana's $69MM Refunding Bonds 'AAA'.CHICAGO -- Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. affirms the 'AAA' rating of Indianapolis Local Public Improvement Bond Bank, Indiana's (Bond Bank) approximately $69,075,000 refunding bonds, series 2007D, which were originally scheduled to sell April 23, 2007, but did not sell due to market conditions. The bonds are now scheduled to price September 6, 2007, as a current refunding with Morgan Stanley The leading firm in an underwriting group, which originates the deal and acts as an agent for the group. managing underwriter See lead underwriter. . The Rating Outlook is Stable. For additional information regarding this transaction see the Fitch report 'Indianapolis Local Public Improvement Bond Bank, Indiana' dated April 19, 2007 and available on the Fitch Ratings web site www.fitchratings.com. Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site. |
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