Fitch gives A to Orlando-Orange County Expressway, Fla., bonds

Fitch Ratings said it assigned a long-term rating of A to the Orlando-Orange County Expressway Authority, Fla.'s approximately $203 million of refunding revenue bonds, series 2008A.

The bonds are expected to be rated AAA based on an insurance policy from an insurer with a financial strength rating of AAA.

At the same time, Fitch affirmed its underlying long-term A rating on the authority's $2 billion of outstanding revenue bonds.

The outlook is stable.

Sale of the bonds is expected to occur through negotiation the week of March. 3.

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