Fitch Downgrades Westminster-Canterbury on Chesapeake Bay (VA) Rev Bonds to BB+

View analysis at Fitch.

On a forward-looking basis and assuming WCCB is able to proceed with the full scope of its capital plans, debt is expected to increase from $76 million to $496 million (or $508 million inclusive of it $12 million debt guarantee for the Senior Options Community’s acquisition of The Overture).

VIRGINIA BEACH VA DEV AUTH RESIDENTIAL CARE FAC REV Bond Detail.

CUSIP: 92774NAH3