Fitch Ratings simultaneously affirms and withdraws its unenhanced 'AA+' rating on approximately $227.4 million of outstanding revenue bonds, issued by the California Educational Facilities Authority on behalf of the University of Southern California (USC), and currently rated by Fitch Ratings.
Coverage of USC's rating will no longer be provided due to lack of on-going disclosure to Fitch Ratings.
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.
Contacts:
Douglas J. Kilcommons, +1-212-908-0740
Media
Relations:
Cindy Stoller, +1-212-908-0526
cindy.stoller@fitchratings.com