S&P Global Ratings affirmed its 'A-1+' short-term rating on Nashville&Davidson County Metropolitan Government , Tenn.'s (Metro Water) series 2015 water and sewer revenue extendible commercial paper (ECP) notes in advance of the anticipated upsizing of the series 2015 program to $300 million from $200 million. The series 2015 ECP program is also being extended to March 1, 2031, from Jan. 1, 2026. At the same time, S&P Global Ratings affirmed its ?AA? long-term rating on Metro Water?s existing revenue debt. The outlook, where applicable, is stable. Metro Water maintains authorization for up to $500 million in total CP notes, comprising series 2015 ECP and series 2022 (traditional CP). Both series are secured by a second-lien pledge of the
