Fitch Rates Minneapolis Special SD GOs & COPs ‘AA+’/’AA-‘; Downgrades Outstanding on Criteria Change

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned a programmatic rating of ‘AA+’ and underlying rating of ‘AA-‘ to the following Minneapolis Special School District No. 1, MN general obligation (GO) bonds and certificates of participation (COPs) : –$45.4 million GO school building bonds, series 2016A;–$56 million GO long-term facilities maintenance bonds, series 2016B;–$23.7 million full-term COPs, series 2016C. The ‘AA+’ programmatic rating is based on the district’s participation in th