In the course of routine surveillance, Fitch Ratings upgrades the rating to 'A+' from 'A' on the Suffolk County Industrial Development Agency, NY, approximately $21 million outstanding Southwest Sewer System Revenue Refunding bonds series 1999 and 2003. The upgrade aligns the rating on the bonds with the County of Suffolk's rating of 'AA-' and Rating Outlook revision to Positive from Stable. The Rating Outlook is revised to Positive from Stable.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, 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.