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Fitch: Statutory Liens Do Not Boost U.S. Municipal Debt Ratings

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NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Statutory Liens Do Not Boost Debt Ratings https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=868599 Despite its growing use in U.S. municipal debt, the presence of a statutory lien will not enhance a municipality's debt rating, according to Fitch Ratings in a new report. The role that statutory liens play when a municipality files for bankruptcy protection has been a topic of increased attention. Perhaps the most not

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