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