Fitch Rates & Affirms Preferred Shares of Nuveen Pennsylvania Investment Quality Muni Fund on Merger

Monday, February 10, 2014
NEW YORK--(BUSINESS WIRE)--Fitch Ratings takes the following rating actions on the Variable Rate Demand Preferred Shares (VRDP shares) and MuniFund Term Preferred Shares (MTP shares) issued by Nuveen Pennsylvania Investment Quality Municipal Fund (NQP) in connection with the fund reorganizations described below: --$105,000,000 of VRDP Shares, Series 3, final mandatory redemption on Dec. 1, 2042 ...

 

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