Fitch Revises Outlook on Jacksonville (FL) 2008B Transportation Bonds to Stable

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Thu Oct 8, 2009 5:40pm EDT

NEW YORK--(Business Wire)--
In connection with the recent Rating Outlook revision to Stable assigned to the
underlying rating of the Jacksonville, Florida transportation revenue bonds
series 2008B (the bonds), Fitch has revised the Outlook on the bonds (rated
'AAA') to Stable from Negative. 

The 'AAA' rating and Stable Outlook reflects the dual-party-pay rating assigned
to the bonds, which is based on both the underlying long-term 'AA' rating and
Stable Outlook, and the rating of Wachovia Bank, N.A (rated 'AA-', with a Stable
Outlook by Fitch). 

Additional information is available at 'www.fitchratings.com'. 

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS.
PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK:
HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING
DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S
PUBLIC WEBSITE '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.

Fitch Ratings, New York
Mario Civico, 212-908-0796
or
Media Relations:
Brian Bertsch, 212-908-0549
Email: brian.bertsch@fitchratings.com
Sandro Scenga, 212-908-0278
Email: sandro.scenga@fitchratings.com



Copyright Business Wire 2009

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