The rating action referenced in Fitch Ratings' Dec. 17, 2010 press release ('Fitch to Upgrade L-T to 'AAA' & Dwngr S-T to 'F1' on JEA Var Rate Wtr & Sewer Revs, Ser 2008A-2') is effective today (Dec. 28, 2010).
Additional information is available at www.fitchratings.com.
Applicable Criteria and Related Research:
--'U.S. Municipal
Structured Finance Rating Criteria', Aug. 16, 2010;
--'Rating
Guidelines for Letter of Credit-Supported Bonds', April 29, 2009;
--'Dual-Party
Pay Criteria for Long-Term Ratings on LOC-Supported U.S. Public Finance
Bonds', June 11, 2009.
Applicable Criteria and Related Research:
Dual-Party Pay Criteria
For Long-Term Ratings on LOC-Supported U.S. Public Finance Bonds
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=447146
Rating
Guidelines for Letter of Credit-Supported Bonds
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=435132
U.S.
Municipal Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=548588
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.
Contacts:
Fitch Ratings
Primary Analyst:
Trudy Zibit, +1-212-908-0689
Managing
Director
Fitch, Inc.
One State Street Plaza
New York, NY
10004
or
Secondary Analyst:
Janet Rosen, +1-312-368-3172
or
Committee
Chair:
Ronald McGovern, +1-212-908-0513
Senior Director
or
Media
Relations:
Cindy Stoller, +1-212-908-0526
cindy.stoller@fitchratings.com