Fitch Rates Pittsylvania County, VA GOs 'AA'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA' rating to the following general obligation (GO) bonds of Pittsylvania County (the county), VA: --$36.5 million GO refunding bonds, series 2015. The bonds are scheduled to sell competitively on August 12. Proceeds will be used to refund the series 2007 and 2008B bonds for debt service savings. The Rating Outlook is Stable. SECURITY The bonds are payable from a pledge of the county's full faith and credit and unlimited taxing power. KE

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