Fitch Upgrades Yorba Linda Water District CA’s Water Revs to ‘AA+’ from ‘AA’; Outlook to Stable
- Posted
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Fitch Ratings – Austin – 27 Aug 2021: Fitch Ratings has upgraded the rating on the following bonds issued by the Yorba Linda Water District (YLWD or the district) to ‘AA+’ from ‘AA’:
- $6.3 million revenue refunding bonds series 2012A;
- $26.7 million Yorba Linda Water District Financing Authority, CA revenue bonds series 2017A (issued on behalf of the district).
The Issuer Default Rating (IDR) has also been upgraded to ‘AA+’ from ‘AA’.
The Rating Outlook has been revised to Stable from Positive.