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Fitch Withdraws The Housing Authority of Savannah, GA Mortgage Rev Rfdg Bonds, Series 1993A Rating.


NEW YORK -- Fitch Ratings withdraws the 'AA' rating assigned to The Housing Authority of Savannah, Georgia mortgage revenue refunding bonds (FHA Insured Mortgage Loan - Crossroads Villas Apartments Section 8 Assisted Project) series 1993A (the 'bonds').

The rating action is taken in connection with the 2004 defeasance of the bonds with cash and certain direct obligations of the United States of America.

Fitch's rating definitions and the terms of use 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 are also available from the 'Code of Conduct' section of this site.

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Publication:Business Wire
Date:Aug 12, 2009
Words:124
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