Fitch Withdraws Rating on Laredo, Texas' Certificates of Obligation

Fitch Ratings withdraws its 'AA-' rating on Laredo, Texas' (the city) $25.5 million combination tax and revenue certificates of obligation, series 2009A, and $5.2 million public property finance contractual obligations, series 2009, due to the delayed sale of these debt offerings. These series were scheduled to sell the week of Aug. 3, 2009 and are now scheduled to sell the week of Aug. 24, 2009 along with other debt offerings. Fitch will issue another ratings assessment commentary for these debt offerings imminently.