NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded approximately $52.15 million in Florida Municipal Loan Council (FMLC) infrastructure improvement revenue bonds, series 2012 (9B Design Build Finance Project) to 'AA-'. The Rating Outlook on the bonds remains Stable. The upgrade reflects implementation of new criteria ('Rating Public-Sector Counterparty Obligations in PPP Transactions', dated July 23, 2015) that links the credit quality of payment streams in PPP structures directly to that of
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