Fitch Upgrades Champaign CUSD No. 4, Illinois’ Lease Certificates to ‘AA-’; Outlook Stable
NEW YORK–(BUSINESS WIRE)–Fitch Ratings takes the following rating action on Champaign Community Unit School District (CUSD) No. 4, Champaign County, Illinois as part of its continuous surveillance effort: –$2 million lease certificates, series 2001 (qualified zone academy bonds), upgraded to ‘AA-’ from ‘A+’. The Rating Outlook is Stable. RATING RATIONALE: –The upgrade to ‘AA-’ from ‘A+’ reflects the district’s strengthened financial position over three fiscal years, including increased reser
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Fitch Upgrades Champaign CUSD No. 4, Illinois’ Lease Certificates to ‘AA-’; Outlook Stable
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