S&P Global Ratings assigned its 'AA' long-term rating to the Nashville&Davidson County Metropolitan Government , Tenn.'s (Metro Water) estimated $451.9 million series 2025 water and sewer revenue refunding bonds. At the same time, S&P Global Ratings affirmed its ?AA? long-term rating and 'A-1+' short-term rating on the system's extendible maturity water and sewer revenue commercial paper notes. The outlook, where applicable, is stable. SAN FRANCISCO (S&P Global Ratings) May 16, 2025--S&P Global Ratings today took the rating actions listed above. We think the sewer system's direct environmental risks are substantial, as it is subject to a deadline-certain regulatory mandate to reduce sewer spills by September 2028 and to complete its long-term control plan by December 2031. Wastewater is