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Fitch gives A+ to Honolulu bonds
Fitch Ratings said it assigned an A+ rating to the City and County of Honolulu's $113.9 million of wastewater system revenue bonds, (second bond resolution) junior series 2008A.
At the same time, Fitch said it affirmed the AA- rating on the system's $724.1 million of outstanding senior revenue bonds and A+ rating on the system's $457.1 million of outstanding junior revenue bonds.
The outlook is negative.
The bonds are expected to price the week of April 21 in a negotiated sale.
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