AUSTIN--(BUSINESS WIRE)--U.S. Public Finance State Revolving Fund (SRF) and Leveraged Municipal Loan Pool (MLP) programs remain highly rated with strong performance, according to a new Fitch Ratings report.
'These high (sector) ratings are largely attributable to the strong credit quality of the program pool participants, the financial strength of the programs' structures or a combination of these two factors,' said Major Parkhurst, Director at Fitch.
Reflecting the stability of the sector, there have been no rating changes to Fitch's rated pooled programs since its initial peer review report in 2013. The majority of the metrics monitored by Fitch also remains the same or similar to those presented in Fitch's 2013 and 2014 peer reviews.
For more information, a special report titled 'SRF and MLP Peer Study' is available on the Fitch web site at www.fitchratings.com.
Additional information is available at 'www.fitchratings.com'.
State Revolving Fund and Municipal Loan Pool Peer Review (2015 Peer Review)
https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=872727
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