Tag: financial ratings

SAWS Maintains Steady Bond Ratings

San Antonio Water System recently received renewed confirmation of its excellent credit ratings from Moody’s Ratings, S&P Global Ratings, and Fitch Ratings. These ratings represent the highest in the history of SAWS and provide significant advantages to customers through reduced interest rates on borrowings for essential capital improvement projects, including the replacement of aging water… Continue Reading SAWS Maintains Steady Bond Ratings

SAWS receives rating upgrade, upward revision to outlook

S&P Global Ratings recently upgraded San Antonio Water System’s junior lien credit rating from AA to AA+, while Fitch Ratings revised its Rating Outlook to Positive from Stable. S&P cited the utility’s “robust historical financial performance… and strong liquidity balances” as support for the ratings upgrade. S&P also recognized SAWS’ efforts to diversify its water… Continue Reading SAWS receives rating upgrade, upward revision to outlook