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Prospect News home > News index > List of issuers R > Headlines for Riverside Renaissance > News item
Published on 4/16/2008 in the Prospect News Municipals Daily.

Fitch rates Riverside, Calif., COPs AA/F1+

Fitch Rating said it assigned a rating of AA/F1+ to the City of Riverside, Calif.'s $128.3 million of variable-rate refunding certificates of participation (COPs) (Riverside Renaissance), series 2008.

The rating is based on an irrevocable, direct-pay letter of credit from Bank of America, NA.

Delivery of the COPs is expected on April 17.


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