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Prospect News home > News index > List of issuers E > Headlines for Elsinore Valley Municipal Water District > News item
Published on 7/25/2008 in the Prospect News Municipals Daily.

S&P assigns AAA/A-1+ to Elsinore Valley water COPs

Standard & Poor's said it assigned an AAA/A-1+ rating to Elsinore Valley Municipal Water District, Calif.'s $65 million 2008A water revenue certificates of participation. The outlook is stable.

The rating is based on a letter of credit from Dexia Credit Local. The underlying rating on the district's securities was raised to AA during the July 21 week.


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