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Fitch Rates Indiana Finance Authority's $96MM State Appropriation Bonds 'AA+'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA+' rating to Indiana Finance Authority's (IFA) $96 million lease appropriation bonds (motorsports improvements project), series 2015C. The bonds, which will fund various improvements to the Indianapolis Motor Speedway, are expected to sell via negotiation the week of June 29, 2015. In addition, Fitch affirms the 'AAA' implied general obligation (GO) rating on the state of Indiana and affirms the 'AA+' rating on outstanding Indiana appropria

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