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Fitch Upgrades Riverside PFA, CA's 2007A B TABs to 'BBB+'; Outlook Revised to Stable

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SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has upgraded the following tax allocation bonds (TABs) for Riverside Public Financing Authority, CA (the PFA): --$8.2 million (Casa Blanca & Downtown/Airport Redevelopment Projects) TABs, series 2007A, to 'BBB+' from 'BBB'; --$12.1 million (Casa Blanca & Downtown/Airport Redevelopment Projects) taxable TABs, series 2007B, to 'BBB+' from 'BBB'. The Rating Outlook is revised to Stable from Positive. SECURITY The bonds are secured by loan repay

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