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Fitch Upgrades the City of Suffolk, VA's GO rating to 'AAA'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'AAA' rating to the following general obligation (GO) bonds for Suffolk, Virginia (the city): --Approximately $42.58 million GO and refunding bonds series 2015. The proceeds of the 2015 bonds will be used to finance various general government as well as school capital projects. Proceeds will also refund $15.5 million of outstanding GO debt for debt service savings. The bonds will be sold competitively the week of July 6th. In addition, Fit

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