Virginia Port Authority Bonds Get High Rating from Fitch
Fitch Ratings assigned an 'AA+' rating to a group of Virginia Port Authority bonds that are expected to be offered Aug. 28, and affirmed the 'AA+' rating on $224.9 million of existing bonds. The bonds are expected to be paid…
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from money appropriated and allocated monthly for such purpose by the state General Assembly, and the rating is one notch below the state's rating.