Fitch: USPF State Revolving Funds & Municipal Loan Pools Remain Strong
'These high (sector) ratings are largely attributable to the strong credit quality of the program pool participants, the financial strength of the programs' structures or a combination of these two factors,' said Major Parkhurst, Director at Fitch.
Reflecting the stability of the sector, there have been no rating changes to Fitch's rated pooled programs since its initial peer review report in 2013. The majority of the metrics monitored by Fitch also remains the same or similar to those presented in Fitch's 2013 and 2014 peer reviews.
For more information, a special report titled 'SRF and MLP Peer Study' is available on the Fitch web site at www.fitchratings.com.