NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded the short-term rating assigned to the $150,000,000 City of Houston, TX airport system senior lien commercial paper notes series A (AMT) and series B (Non-AMT) (notes)to ‘F1’ from ‘F1+’. A maximum of $150,000,000 aggregate principal amount of authorized notes may be outstanding at any given time. The rating action is in connection with (i) the substitution of the current irrevocable direct-pay letter of credit (LOC) provided by Royal Bank o
