NEW YORK–(BUSINESS WIRE)–Fitch Ratings has upgraded the following Rutherford County, North Carolina (the county) ratings: –Issuer Default Rating (IDR) to ‘AA’ from ‘AA-‘; –$0.96 million general obligation bonds (GOs), series 2008 to ‘AA’ from ‘AA-‘; –$12.7 million limited obligation bonds (LOBs), series 2011 to ‘AA-‘ from ‘A+’. The Rating Outlook is Stable. SECURITY The GOs bonds are backed by the county’s full faith, credit, and unlimited taxing power. The LOBs are payable from installmen
