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Fitch Withdraws Rating on Sedgwick County, Kansas' Series 2009A Bonds

Posted : Mon, 02 Nov 2009 22:17:27 GMT
Author : Fitch Ratings
Category : Press Release
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NEW YORK - (Business Wire) Fitch Ratings has withdrawn the 'AAA' rating and Stable Outlook on Sedgwick County, Kansas' (the county) $6,285,000 general obligation (GO) bonds, series 2009A, as the series has been eliminated from the multi-issue transaction expected to sell via competitive bid on Nov. 4, 2009.

The par amount on the original $3,735,000 taxable GO (Build America Bonds-Direct Payment), series 2009B bonds has increased to $10,020,000 due to market conditions and the issue has been redesignated as series 2009A. The original $18,805,000 GO refunding bonds, series 2009C, have been redesignated as series 2009B.

Please refer to Sedgwick County, Kansas' rating action commentary, "Fitch Rates Sedgwick County, Kansas' $29MM GOs 'AAA'; Outlook Stable" dated Oct. 29, 2009 for more information on the county's GO rating.

Additional information is available at www.fitchratings.com.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Fitch Ratings, New York
Dana N. Sodikoff, +1-312-368-3215 (Chicago)
Melanie A.J. Shaker, +1-312-368-3143 (Chicago)
Media Relations:
Cindy Stoller, +1-212-908-0526
cindy.stoller@fitchratings.com


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