Fitch Downgrades Brighter Choice Charter Schools, NY Revs to 'B'; Removed from Negative Watch

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded the following bonds issued by the Albany Industrial Development Agency (NY) on behalf of the Brighter Choice Charter School for Boys and the Brighter Choice Charter School for Girls (together, BCCS): --$16.5 million of civic facilities revenue bonds, series 2007A to 'B' from 'B+'. Fitch has removed the bonds from Rating Watch Negative and assigned a Stable Outlook. SECURITY The bonds are a general obligation of BCCS and are payable from gr

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