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TCA Debt Rating Is Affirmed. Fitch Finds Rating Outlook Improved.

Fitch Ratings has affirmed the San Joaquin Hills Transportation Corridor Agency’s senior and junior debt at ‘BBB-‘ and ‘BB+’, respectively. “The Rating Outlook is revised to Positive from Stable. The Positive Outlook reflects continued improvement of SJHTCA’s financial performance following a restructuring in late 2014,” according to Fitch’s news release. The post TCA Debt Rating Is Affirmed.
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