NEW YORK--(BUSINESS WIRE)--Fitch Ratings has revised the rating on Manatee Port Authority, FL's revenue refunding bonds series 2002A and 2002B to 'AA' from 'AA-'. The rating is being revised in conjunction with the recalibration of local tax-supported credits effective April 30, 2010.
Fitch initially announced plans for recalibration in the 'Recalibration of U.S. Public Finance Ratings' special report, which was published on March 25, 2010. That report, along with special reports outlining summary and detailed information on other U.S. local tax-supported recalibrated ratings, is available at 'www.fitchratings.com'.
Additional information is available at www.fitchratings.com.
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.