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Fitch Rates Denton, TX's Series 2015 GO Rfdg Bonds 'AA+'; Outlook Stable

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings assigns a rating of 'AA+' to the following City of Denton, Texas (the city) obligations: --$34.26 million general obligation (GO) refunding bonds, series 2015. The GO bonds are scheduled for a competitive sale the week of August 17. GO proceeds will be used to refund outstanding obligations for interest savings. The city's $570.6 million in outstanding limited tax debt is currently rated 'AA+' by Fitch. The Rating Outlook is Stable. SECURITY The GOs

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