S&P Global Ratings assigned its ?AAA? long-term rating to East Bay Municipal Utility District , Calif.?s roughly $248 million series 2025A water system revenue bonds (green bonds), roughly $466.2 million series 2025B water system revenue refunding bonds, and roughly $357 million series 2025C water system revenue refunding bonds. At the same time, S&P Global Ratings affirmed its 'AAA' long-term rating on the district's existing water system revenue bonds. S&P Global Ratings also affirmed its 'A-1+' short-term rating on the district's junior-lien commercial paper (CP) notes. The outlook on the long-term rating is stable. ENGLEWOOD (S&P Global Ratings) April 23, 2025--S&P Global Ratings today took the rating actions listed above. We view social and governance factors as neutral. However, due to