S&P Global Ratings assigned its 'AAA' rating to the Oklahoma Water Resources Board's (OWRB) anticipated $176.805 million state loan program revenue bonds, series 2023B. At the same time, S&P Global Ratings affirmed its 'AAA' long-term rating on OWRB's state loan revenue bonds outstanding. The outlook is stable. The 2023B bonds are secured by borrower loan repayments and the debt service reserve fund established under the 2016 general bond resolution. The OWRB will use the series 2023B bond proceeds to make loans to Bristow Public Works Authority, Chickasha Municipal Authority, Claremore Public Works Authority, Harrah Public Works Authority, Lawton Water Authority, Pittsburg County Rural Water District No. 20, and Rural Water District No. 3 Rogers County. The bonds will be issued
