Fitch Downgrades Brentwood, MO’s TIF Revs (Brentwood Pointe Project) to ‘BBB+’; Outlook Stable
CHICAGO–(BUSINESS WIRE)–Fitch Ratings takes the following rating action on Brentwood, Missouri’s tax increment financing (TIF) refunding bonds (Brentwood Pointe Project) as part of its continuous surveillance effort: –Approximately $4.33 million outstanding tax increment revenue refunding bonds (Brentwood Pointe Project), series 2005 downgraded to ‘BBB+’ from ‘A-’. The Rating Outlook is Stable. RATING RATIONALE: –The downgrade reflects the volatility of the retail industry and potential for
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Fitch Downgrades Brentwood, MO’s TIF Revs (Brentwood Pointe Project) to ‘BBB+’; Outlook Stable
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