NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms its 'AAA' rating on approximately $1.1 billion of the Nassau County Interim Finance Authority, NY's (NIFA) outstanding sales tax secured revenue bonds. The Rating Outlook is Stable. SECURITY Pursuant to the NIFA Act (the Act), the bonds are supported by a first perfected security interest in sales tax revenues derived in Nassau County (the county). KEY RATING DRIVERS STRONG LEGAL PROTECTIONS: NIFA is a bankruptcy-remote, statutorily defined issue
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