CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB-' rating on $663.75 million in private activity bonds (PABs) issued by the Virginia Small Business Financing Authority on behalf of Elizabeth River Crossings Opco, LLC (ERC). In addition, Fitch has affirmed the 'BBB-' rating on the $422 million TIFIA loan to ERC. The Rating Outlook for both the PABs and TIFIA loan is Stable. The rating reflects continued progress on a complex project which remains on schedule, with the new Midtown Tu
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