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Fitch Rates El Paso, TX Water Sewer Rev Rfdg Bank Notes 'AA+'; Outlook Stable

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA+' rating to the bank notes corresponding to the City of El Paso, Texas (the city) water and sewer commercial paper notes as follows: --$40 million series A. The city will be substituting the current liquidity agreement for the commercial paper notes effective on or around Sept. 3, 2015. In addition, Fitch has affirmed the 'AA+' rating on the following outstanding revenue bonds: --$473.6 million in senior lien water and sewer reve

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