Fitch Affirms Coopersville, MI’s LTGOs at ‘AA-‘, Outlook Stable; Withdraws Ratings

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the following ratings on the city of Coopersville, MI: –$1.1 million limited tax general obligation (LTGO) bonds, series 2006 at ‘AA-‘; –Issuer Default Rating (IDR) at ‘AA-‘. The Rating Outlook is Stable. Fitch has simultaneously withdrawn the ratings as they are no longer considered to be relevant to the agency’s coverage. SECURITY The LTGO bonds are backed by the city’s full faith and credit and a limited ad valorem tax subject to applic