Fitch Takes Various Actions on Twin Rivers USD, California (Grant Joint Union HSD & Rio Linda ESD):
"In the course of routine surveillance, Fitch Ratings takes various rating actions on the following Twin Rivers Unified School District, California (Twin Rivers USD) bonds.
--Rio Linda Elementary School District (Rio Linda ESD) $50.7 million general obligation (GO) bonds (series 2003A and 2007) downgraded to 'A' from 'A+';
--Grant Joint Union High School District (Grant JUHSD) $106.8 million GO bonds
(series 2008 and 2007A) affirmed at 'A';.
The Rating Outlook for all rated securities is revised to Negative from Evolving."
"In the course of routine surveillance, Fitch Ratings takes various rating actions on the following Twin Rivers Unified School District, California (Twin Rivers USD) bonds.
--Rio Linda Elementary School District (Rio Linda ESD) $50.7 million general obligation (GO) bonds (series 2003A and 2007) downgraded to 'A' from 'A+';
--Grant Joint Union High School District (Grant JUHSD) $106.8 million GO bonds
(series 2008 and 2007A) affirmed at 'A';.
The Rating Outlook for all rated securities is revised to Negative from Evolving."