Fitch Downgrades Indianapolis-Marion County Public Library, IN's GOs to 'AA'; Outlook Stable
Friday, November 20, 2009
In the course of routine surveillance, Fitch Ratings has downgraded Indianapolis-Marion County Public Library, Indiana's (the library) approximately $97.7 million outstanding unlimited tax general obligation (GO) bonds to 'AA' from 'AAA', consisting of the following issues: --$17.8 million unlimited tax, series 2007; --$25 million unlimited tax, series 2006; --$7.9 million...