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Fitch Affirms The Scripps Research Institute (CA) Revs at 'AA-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AA-' rating on the California Infrastructure and Economic Development Bank's approximately $43.5 million of outstanding series 2000, 2005A, and 2005B revenue bonds issued on behalf of The Scripps Research Institute (TSRI). The Rating Outlook is Stable. SECURITY TSRI's obligations pursuant to a loan agreement with the issuer are an unsecured, general obligation. KEY RATING DRIVERS RESEARCH INSTITUTION: TSRI is a private, internationally

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