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Fitch Rates Spotsylvania County, VA's Water Sewer Revs 'AA-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA-' rating to the following Spotsylvania County, VA (the county) revenue bonds: --$59 million water and sewer revenue refunding bonds, series 2015. Proceeds will be used to current refund the outstanding principal amount of the system's revenue refunding bonds, series 2005, to advance refund a portion of the county's system revenue bonds, series 2007, and to pay issuance costs. The Rating Outlook is Stable. SECURITY The bonds are payable fro

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