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Fitch Rates Oregon's $600MM Tax Anticipation Notes 'F1+'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'F1+' rating to the state of Oregon's $600 million full faith and credit tax anticipation notes (TANs) 2015 series A. The TANs are expected to sell via negotiation on Sept. 22, 2015. SECURITY The TANs represent full faith and credit obligations of the state to which the state has pledged all available funds. KEY RATING DRIVERS FULL FAITH AND CREDIT PLEDGE: While not general obligations of the state, Oregon has pledged its full faith and credit

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