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Fitch Upgrades Village on the Isle, FL Revs to 'A-'; Outlook Revised to Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded to 'A-' from 'BBB+' the rating on the following bonds issued on behalf of Village on the Isle (VOTI): --$28.4 million of Sarasota County Health Facilities Authority Revenue Bonds (Village on the Isle, Inc. Project) series 2007. The Rating Outlook is revised to Stable from Positive. SECURITY The bonds are secured by a gross revenue pledge, first mortgage, and DSRF. KEY RATING DRIVERS CONSISTENTLY STRONG OPERATIONS: The upgrade to 'A-' is supp

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