Press Release: MDFB : Fitch Rates MO Development Finance Board's $88MM Annual Appropriation Bonds 'AA+'; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA+' rating to the $88.1 million Missouri Development Finance Board (MDFB), state of Missouri annual appropriation bonds (Fulton State Hospital project) series 2014. The bonds are expected to be sold through competitive bid on or about November 19. The Rating Outlook is Stable. SECURITY The bonds are special obligations of the MDFB, payable from annual state general assembly appropriations. KEY RATING DRIVERS APPROPRIATION SECURITY: Bond paym