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Fitch Affirms Sikeston, MO's Electric Revs at 'BBB+'; Outlook Negative

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB+' rating on the following city of Sikeston, MO revenue bonds: --$96,735,000 electric system revenue refunding bonds 1996 and 2012 series. The Rating Outlook is Negative. SECURITY The bonds are secured by a first lien on net revenues of the Sikeston Board of Municipal Utilities (BMU), including wholesale revenues from power sales contracts (PSCs) with four municipal offtakers. KEY RATING DRIVERS OUTLOOK REMAINS NEGATIVE: The continue

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