S&P Global Ratings assigned its 'AAA' rating to the Oklahoma Water Resources Board's (OWRB) anticipated $109.125 million state loan program revenue bonds, series 2024C. 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 2024C 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 2024C bond proceeds to make loans to the following eligible entities: Broken Arrow Municipal Authority, Cherokee Development Authority, Edmond Public Works Authority, Jenks Public Works Authority, Okemah Utilities Authority, and Rogers County Rural Sewer District #1. The bonds will be issued under the 2016 general
