(PR-inside.com) - Fitch Ratings assigns an 'AAA' rating to the Colorado Water Resources and Power Development Authority's (the authority) approximately $9 million drinking water revenue bonds 2008 series B. Bond proceeds will be loaned to the Project 7 Water Authority, a quasi governmental entity of Colorado, for drinking water facility improvements. The bonds are scheduled to sell competitively on October 28th. Fitch also affirms the 'AAA' rating on the authority's $449 million of outstanding senior state revolving fund (SRF) revenue and $173 million outstanding subordinate SRF bonds. The Rating Outlook is Stable. The 'AAA' rating is based on the high ..
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