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Fitch Affirms Fort Pierce Utilities Authority, FL Util Revs at 'A+'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A+' rating on the following Fort Pierce Utilities Authority, FL (FPUA, or the authority) bonds: --$59.574 million utilities revenue bonds, series 1999A, 1998B and 2009. The Rating Outlook is Stable SECURITY The bonds are secured by a first lien on net revenues of FPUA's combined utility system. KEY RATING DRIVERS COMBINED UTILITY SYSTEM: FPUA provides retail electric, water, wastewater and gas service to the city of Fort Pierce and neig

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