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Fitch rates $70MM AD VALOREM Tax Bonds Series 2017 A & B 'AAA'

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New York, NY | January 18, 2017 Fitch Ratings

Fitch Ratings has assigned a 'AAA' rating to the following Indianapolis Local Public Improvement Bond Bank, IN bonds:

  • $58 million series 2017A bonds (ad valorem property tax-funded projects);
  • $11.99 million series 2017B bonds (taxable) (ad valorem property tax-funded projects).

The Rating Outlook is Stable.