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July 09, 2008
Fitch Rates Florida Hurricane
Fitch Rates Florida Hurricane Catastrophe Fund Finance Corp.'s $625MM Revs 'AA-' (Centre Daily Times)
Fitch Ratings assigns an 'AA-' rating to Florida Hurricane Catastrophe Fund (FHCF) Finance Corp.'s $625 million series 2008A revenues bonds. The rating is based on the breadth and stability of the revenue streams that constitute the pledged security, the strong debt service coverage the pledged revenues provide, and the capped reimbursement liability of the FHCF. Fitch also affirms the 'AA-' ...


