NEW YORK--(BUSINESS WIRE)--Fitch Ratings withdraws its 'A/F1' credit enhanced ratings on the following bonds:
--Unified Government of Athens-Clarke County Development Authority (GA) (University of Georgia Athletic Association Project) revenue bonds series 2003;
--Unified Government of Athens-Clarke County Development Authority (GA) (University of Georgia Athletic Association Project) variable-rate revenue bonds (taxable) series 2005;
--Unified Government of Athens-Clarke County Development Authority (GA) (University of Georgia Athletic Association Project) variable-rate revenue bonds series 2005B.
Fitch was not asked to provide a rating on the replacement letter of credit.
Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research
--'U.S. Municipal Structured Finance Criteria' (Feb. 28, 2012);
--'Rating Guidelines for Letter of Credit-Supported Bonds' (June 20, 2012).
Applicable Criteria and Related Research
Rating Guidelines for Letter of Credit-Supported Bonds
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=681737
U.S. Municipal Structured Finance Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=701570
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