Fitch Takes Rating Action on Texas DOT GO Mobility Multi-Modal Bank Bonds

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has revised the basis of the Short-term ‘F1+’ rating on $150,000,000 in Texas Transportation Commission (TTC) State of Texas mobility fund bonds, series 2006-B (multi-modal bonds), to reflect the substitution of the bonds’ prior liquidity facility with self-liquidity of the State of Texas provided by the Texas Comptroller of Public Accounts (CPA). Before this action, the Short-term ‘F1+’ rating reflected a liquidity facility provided by the California Pu