Fitch Revises Outlook on Hartford GOs to Negative

In the course of routine surveillance, Fitch Ratings revised its outlook to negative on Hartford, Conn., while affirming its A rating on the city’s $248.6 million of outstanding general obligation bonds.

The negative outlook and rating affirmation applies to the following GO debt issues: $25 million of Series 2004, $25.5 million of Series 2005D, $59 million of Series 2006, $62.6 million of Series 2007A, $17.4 million of Series 2003 refunding bonds, $23.2 million of Series 2005A refunding bonds, $7.8 million of Series 2005B taxable refunding bonds, and $28.1 million of Series 2005C refunding bonds.

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