S&P Global Ratings has assigned its 'AAA' rating to Plano, Texas' series 2017 municipal drainage utility system revenue refunding and improvement bonds. At the same time, S&P Global Ratings has affirmed its 'AAA' rating on the city's outstanding municipal drainage utility system revenue bonds. The outlook is stable, with limited downside risk at this time. The rating is based on our opinion of the system's extremely strong enterprise and financial risk profiles. Factors that, in our view, support the 'AAA' rating include the following: Plano's strong employment base, that not only participates in the Dallas-Fort Worth metropolitan statistical area, but also serves as an economic hub in its own right, with high-end commercial office space and a number of corporate
