Fitch Withdraws Credit Enhanced Rating on Orlando-Orange County Expressway Auth, FL 2008B-2 Bonds

NEW YORK--()--Fitch Ratings has withdrawn the 'AA+/F1+' credit enhanced rating on the following bonds:

-- Orlando-Orange County Expressway Authority (FL) variable rate refunding revenue bonds series 2008B-2.

The long-term rating assigned to the bonds is revised to 'A' with a Stable Outlook based on the underlying rating assigned by Fitch to Central Florida Expressway Authority's toll revenue bonds.

The rating withdrawal is in connection with the substitution of the letter of credit that previously supported the bonds. Fitch was not asked to provide a rating on the replacement letter of credit.

Additional information is available at 'www.fitchratings.com'.

Additional Disclosures

Solicitation Status
https://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=1003758

Endorsement Policy
https://www.fitchratings.com/jsp/creditdesk/PolicyRegulation.faces?context=2&detail=31

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Contacts

Fitch Ratings, Inc.
Primary Analyst
Richard Park, +1-212-908-0289
Director
33 Whitehall Street
New York, NY 10004
or
Secondary Analyst
Joseph Staffa, +1-212-908-0829
Senior Director
or
Media Relations, New York
Elizabeth Fogerty, +1-212-908-0526
elizabeth.fogerty@fitchratings.com

Contacts

Fitch Ratings, Inc.
Primary Analyst
Richard Park, +1-212-908-0289
Director
33 Whitehall Street
New York, NY 10004
or
Secondary Analyst
Joseph Staffa, +1-212-908-0829
Senior Director
or
Media Relations, New York
Elizabeth Fogerty, +1-212-908-0526
elizabeth.fogerty@fitchratings.com