East Bay Mun Utility Dist, CA's Sub Water And Wastewater Rev Bond Ratings Raised To 'AA+' - S&P Global Ratings’ Credit Research

East Bay Mun Utility Dist, CA's Sub Water And Wastewater Rev Bond Ratings Raised To 'AA+'

East Bay Mun Utility Dist, CA's Sub Water And Wastewater Rev Bond Ratings Raised To 'AA+' - S&P Global Ratings’ Credit Research
East Bay Mun Utility Dist, CA's Sub Water And Wastewater Rev Bond Ratings Raised To 'AA+'
Published Apr 30, 2007
811 words — Published Apr 30, 2007
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Abstract:

SAN FRANCISCO (Standard&Poor's) April 30, 2007-- Standard&Poor's Ratings Services raised its rating and underlying rating (SPUR) on East Bay Municipal Utility District (EBMUD), Calif.'s existing subordinated water revenue bonds to 'AA+' from 'AA' and assigned its 'AA+' rating to the district's $890 million series 2007A subordinated water revenue bonds. In addition, Standard&Poor's raised its rating and SPUR on the district's existing subordinated wastewater revenue bonds to 'AA+' from 'AA' and assigned its 'AA+' rating to the district's $90.6 million series 2007A and B subordinated wastewater revenue bonds. The outlook is stable. "The rating and rating actions demonstrate the influence of management on credit quality," said Standard&Poor's credit analyst Gabe Petek. "The district

  
Brief Excerpt:

RESEARCH East Bay Mun Utility Dist, CA's Sub Water And Wastewater Rev Bond Ratings Raised To '##+' Publication date: 30-Apr-2007 Primary Credit Analyst: Gabriel Petek, CFA, San Francisco (1) 415-371-5042; gabriel_petek@standardandpoors.com...

  
Report Type:

Ratings Action

Issuer
East Bay Municipal Utility District
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "East Bay Mun Utility Dist, CA's Sub Water And Wastewater Rev Bond Ratings Raised To 'AA+'" Apr 30, 2007. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/East-Bay-Mun-Utility-Dist-CA-s-Sub-Water-And-Wastewater-Rev-Bond-Ratings-Raised-To-AA-575767>
  
APA:
S&P Global Ratings’ Credit Research. (). East Bay Mun Utility Dist, CA's Sub Water And Wastewater Rev Bond Ratings Raised To 'AA+' Apr 30, 2007. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/East-Bay-Mun-Utility-Dist-CA-s-Sub-Water-And-Wastewater-Rev-Bond-Ratings-Raised-To-AA-575767>
  
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