Fitch Gives Alameda Corridor a Stable Rating

Fitch Ratings has affirmed the following ratings for Alameda Corridor Transportation Authority, CA (ACTA): --$796 million senior revenue bonds series 1999A, 1999C, 2013A at 'A'; --$746 million subordinate revenue bonds series 2004A and 2004B at 'BBB+'. The Rating Outlook on all bonds is Stable. ACTA also has $83.7 million in unrated series 2012 bonds, which are on parity with the rated senior revenue bonds. The rating reflects a vital rail corridor that handles nearly ... [+]

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