Fitch Rates Reedy Creek Improvement District's (FL) Rev Rfdg Bonds 'A'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'A' rating to Reedy Creek Improvement District's (RCID) $20.4 million utilities revenue refunding bonds, series 2015-2. The bonds are scheduled to price via negotiation the week of June 15. The series 2015-2 bonds will be used to currently refund outstanding parity bonds (series 2005-2) for cost savings and pay the costs of issuance. The Rating Outlook is Stable. SECURITY The bonds are secured by a first lien on net revenues of the combined ut

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