Fitch Affirms Rockport, TX's LT Bonds at 'AA-'; Outlook Stable.

Extract


Fitch Affirms Rockport, TX's LT Bonds at 'AA-'; Outlook Stable.

NEW YORK -- As part of its continuous surveillance effort, Fitch Ratings affirms Rockport, Texas as follows:

--$2.8 million outstanding general obligation (GO) bonds affirmed at 'AA-';

--$34.5 million outstanding combination tax and revenue certificates of obligation (CO) affirmed at 'AA-';

The Rating Outlook for both is Stable.

KEY RATING DRIVERS

Tourist Based Economy: The city's tour...

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