http://www.businesswire.com/news/ho...er&utm_medium=twitter&utm_source=snsanalytics
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a rating of 'AA-' to the following bonds to be issued by the UCF Stadium Corporation (UCFSC), f/k/a Golden Knights Corporation.
--$33.5 million revenue refunding bonds, series 2015A;
--$10.8 million taxable revenue refunding bonds, series 2015B.
The bonds are expected to sell the week of Nov. 2 via negotiation. Proceeds will be used to currently refund the outstanding certificates of participation (COPs), series 2006A (rated 'AA-' / Stable Outlook by Fitch) and series 2006B, and to pay costs of issuance. The certificates were originally issued to finance construction of the football stadium on the main campus of the University of Central Florida (UCF) in Orlando, FL.
In addition, Fitch affirms the following ratings:
--$39.5 million COPs (Golden Knights Corporation master lease program) series 2006A at 'AA-'.
The Rating Outlook is Stable.
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a rating of 'AA-' to the following bonds to be issued by the UCF Stadium Corporation (UCFSC), f/k/a Golden Knights Corporation.
--$33.5 million revenue refunding bonds, series 2015A;
--$10.8 million taxable revenue refunding bonds, series 2015B.
The bonds are expected to sell the week of Nov. 2 via negotiation. Proceeds will be used to currently refund the outstanding certificates of participation (COPs), series 2006A (rated 'AA-' / Stable Outlook by Fitch) and series 2006B, and to pay costs of issuance. The certificates were originally issued to finance construction of the football stadium on the main campus of the University of Central Florida (UCF) in Orlando, FL.
In addition, Fitch affirms the following ratings:
--$39.5 million COPs (Golden Knights Corporation master lease program) series 2006A at 'AA-'.
The Rating Outlook is Stable.
