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Fitch Rates Corpus Christi, Texas' Utility System Junior Lien Revs 'A+'; Outlook Stable (Fitch Inc)

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(Source: Fitch Inc) 19 Jun 2015 3:19 PM Fitch Rates Corpus Christi, Texas' Utility System Junior Lien Revs 'A+'; Outlook Stable Fitch Ratings-Austin-19 June 2015: Fitch Ratings assigns an 'A+' rating to the following Corpus Christi, Texas (the city) revenue bonds: --Approximately $102.6 million utility system junior lien revenue improvement bonds series 2015C; --Approximately $46.3 million utility system junior lien revenue refunding bonds series 2015. The bonds are scheduled to sell via negotiated sale the week of June 22. Bond proceeds of the 2015C bonds will be used to finance the construction, improvement, expansion, and repair of the city's combined utility system and pay costs of...

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