Fitch Affirms Clarksville, TN’s IDR at ‘AA’; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the following ratings for Clarksville, TN (the city): —Issuer Default Rating (IDR) at ‘AA’; —$48.3 outstanding general obligation (GO) bonds, series 2011, series 2012, series 2014, series 2016A, series 2016B, and series 2016C. The Rating Outlook is Stable. SECURITY The bonds are general obligations of the city backed by its full faith and credit and unlimited taxing power. KEY RATING DRIVERS The ‘AA’ IDR and GO rating reflect strong fina