SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings affirms the following Indio Public Financing Authority, CA (the authority) lease revenue bonds: --$24.5 million lease revenue refunding bonds, series 2012 (public capital improvements) at 'BBB+'. In addition, Fitch affirms the city of Indio's implied general obligation (GO) bond rating at 'A'. The Rating Outlook is revised to Positive from Stable. SECURITY The lease revenue bonds are limited obligations, secured by the city's covenant to budget and
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