Fitch assigns AA-/F1+ to San Francisco Bay Bridge bonds

Fitch Ratings said it assigned a rating of AA-/F1+ to the $507.9 million Bay Area Toll Authority, San Francisco Bay Area toll bridge revenue bonds, variable-rate bonds.

The rated bonds include the $110 million series A-1 bonds; $110 million series B-1 bonds; $25 million series C-1 bonds; $155 million series D-1 bonds; $57.9 million series E-1 bonds; and $50 million series G-1 bonds.

Bond proceeds will be used to refund the authority's outstanding series 2006 bonds.

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