Breaking: Disney’s Reedy Creek’s Fitch bond rating placed on ‘negative watch’

By Richard Bilbao New York-based Fitch Ratings on April 22 placed the Reedy Creek Improvement District’s credit rating under a “negative watch,” indicating a possible downgrade in rating. That means a primary funding mechanism for many Reedy Creek Improvement District projects in and around Walt Disney World has credit experts a bit wary. Fitch identified…