Two Top Rating Agencies Reaffirm Metropolitan’s Strong Credit Ratings

LOS ANGELES--(BUSINESS WIRE)--A week after its governing board adopted a financially responsible two-year budget, the Metropolitan Water District of Southern California has once again earned excellent credit ratings from two of the nation’s top rating agencies. In advance of Metropolitan’s pricing of approximately $360 million of senior lien revenue bonds next week, S&P Global Ratings on Wednesday (April 17) reaffirmed Metropolitan’s AAA rating and Moody’s recently reaffirmed the agency’s A