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Fitch Rates Milwaukee, WI's School RANs 'F1+'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a Short-term rating of 'F1+' to $180 million Milwaukee, Wisconsin (the city) school revenue anticipation notes (RANs) series 2015 M7. The RANs are expected to sell via competitive sale on Oct. 1. Proceeds will be used for school cash flow purposes. SECURITY Note principal repayment is secured by an irrevocable pledge of all school operations fund revenues for the 2015-16 fiscal year that are due and not yet paid to the city or otherwise pled

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