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Fitch rates Westlands Water District, Calif., COPs A
Fitch Ratings said it assigned an A rating to Westlands Water District, Calif.'s $30.1 million of adjustable-rate refunding revenue certificates of participation (COPs), series 2008A.
Fitch also said it assigned an A rating to the district's approximately $230 million of outstanding parity certificates.
The 2008A COPs, which priced on April 29, will refinance $30 million of outstanding adjustable-rate COPs, series 2005B.
The outlook is stable.
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