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Fitch Affirms Chesterfield Township, MI GOs at 'AA-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the following Charter Township of Chesterfield, Michigan (the township) ratings: --$1.2 million capital improvement limited tax general obligation (LTGO) bonds, series 2007, at 'AA-'; --Implied unlimited tax general obligation (ULTGO) rating at 'AA-'. The Rating Outlook is Stable. SECURITY The LTGO bonds are backed by the full faith and credit of the township and its ad valorem property tax pledge, subject to applicable constitutional, statutory

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