Fitch Rates Sacramento, CA Arena Financing Authority Bonds 'A'; Outlook Stable

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SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings assigns an 'A' rating to the following bonds: --Approximately $282 million Sacramento Public Financing Authority (SPFA) lease revenue bonds, series 2015 (Sacramento Entertainment and Sports Center - ESC) (federally taxable). The proceeds will fund the city of Sacramento's (city) contribution to the construction of a new home for the Sacramento Kings basketball team at the Sacramento Entertainment and Sports Center (the arena), finance a debt service

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