Fitch Affirms Orange County, CA’s Pension Obligation and Lease Revenue Bonds at ‘AA’; Outlook Stable

SAN FRANCISCO–(BUSINESS WIRE)–Fitch Ratings has affirmed the following ratings for Orange County, California: –Issuer Default Rating (IDR) at ‘AA+’; –$229.3 million taxable pension obligation bonds (POBs), series 2016A at ‘AA’; –$14.1 million taxable POBs, series 1997A (economically defeased in 2000) at ‘AA’. Orange County Public Financing Authority (OCPFA) –$8.6 million lease revenue bonds, series 2006 at ‘AA’; –$46.7 million lease revenue refunding bonds, series 2005 at ‘AA’. The Ratin