Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for West Basin Municipal Water District > News item |
Moody's cuts West Basin water COPs to A1
Moody's Investors Service said it downgraded to A1 from Aa3 the rating on the West Basin Municipal Water District, Calif.'s 2003A certificates of participation (COPs), affecting about $134 million of debt.
The downgrade reflects the district's relatively high variable-rate exposure relative to coverage of total debt service.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.