Fitch Upgrades TMPA's $255MM Tax-Exempt & $20MM Taxable CP to 'F1+'; Outlook Stable

29 July 2010, 3:24 pm

NEW YORK--(BUSINESS WIRE)--Fitch Ratings upgrades Texas Municipal Power Agency's (TMPA) $255 million tax-exempt commercial paper (CP) notes, series 2005, and $20 million of taxable CP notes, series 2005A to 'F1+' from 'F1'. The Rating Outlook is Stable. The 'F1+' rating is consistent with Fitch's recent upgrade of TMPA's long-term rating to 'A+' from 'A' (see research dated July 29, 2010). The ...... Read More »

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