NEW YORK–(BUSINESS WIRE)–Fitch Ratings has taken various conforming rating actions on enhanced municipal bonds and tender option bonds (TOBs) corresponding to actions taken on their associated enhancement providers or underlying bonds. Long-term ratings on enhanced municipal bonds may be higher than those of their enhancement providers as discussed in Fitch’s ‘Rating Criteria for Letter of Credit-Supported Bonds and Commercial Paper’, dated April 5, 2016. Short-term ratings on enhanced munici
