SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has upgraded the following El Monte Public Finance Authority, California (the authority) bonds to 'BBB' from 'BBB-': --$18.7 million revenue bonds (City Yard Project) series 2010A and 2010B. In addition, Fitch affirms the following rating: --Implied general obligation bonds (GOs) at 'BBB+' for the city of El Monte, California (the city). The Rating Outlook is Stable. SECURITY The city has covenanted to budget and appropriate (CB&A) lease rental
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