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Fitch revises rating on N.Y. tobacco settlement bonds after CIFG downgrade
In light of last week's downgrade of CIFG to CCC, Fitch Ratings said it revised to an underlying A+ its rating on Tobacco Settlement Financing Corp., N.Y., asset-backed revenue bonds, series 2003A, CUSIP 88880TAA4.
Fitch also withdrew its rating on the Puerto Rico Highway & Transportation Authority's highway revenue refunding bonds, series AA, CUSIP 745181YV3.
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