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Fitch Ratings affirmed the Municipal Gas Authority of Georgia's 'A+' rating while maintaining a stable outlook, according to a First Squawk tweet. The rating action covers the authority's outstanding debt and reflects its continued credit standing. The stable outlook signals Fitch expects no rating change in the near term. The affirmation matters for bondholders and issuers tracking the authority's cost of borrowing. Next, watch for Fitch's updated rating rationale and any change in the authority's financial profile.

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Municipal Gas Authority of Georgia, Fitch Ratings