Fitch gives Lower Colorado River, Texas, bonds A+

Fitch Ratings said it assigned an A+ rating to Lower Colorado River Authority, Texas' $202.6 million of refunding and improvement revenue bonds, series 2008, which are expected to sell on May 13.

Separately, Fitch said it assigned an A+ rating to the authority's $159.5 million of transmission contract refunding revenue bonds, series 2008 (issued on behalf of the Lower Colorado River Authority Transmission Services Corp.), which are expected to price on May 13.

Fitch also said it affirmed the authority's outstanding revenue bonds at A+ and the corporation's outstanding contract revenue bonds at A+.

The outlook is stable.

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