NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'F1+' rating to the following Shelby County, Tennessee (the county) notes: --$120 million capital outlay extendible municipal commercial paper (EMCP) notes, 2015 series A. Proceeds will be used to fund various public works and school improvements. SECURITY The notes are direct obligations payable from a pledge of the taxing power of the county. The county covenants to impose a tax sufficient to pay when due principal of and interest on th