Fitch Rates Colorado Water Authority, CO's $23.4MM Clean Water Revs 'AAA'; Outlook St

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    • Jan 2009
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    Fitch Rates Colorado Water Authority, CO's $23.4MM Clean Water Revs 'AAA'; Outlook St

    (PR-inside.com) Fitch Ratings assigns an 'AAA' rating to the following Colorado Water Resources and Power Development Authority, CO's (the authority) state revolving fund (SRF) program bonds. --$23.4 million drinking water revolving fund revenue bonds, series 2011A. The 2011A bonds are expected to sell competitively on March 15. Bond proceeds will be loaned to the city of Sterling for drinking water facility improvements. In addition, Fitch affirms the following 'AAA' ratings. --$354.9 million in outstanding senior lien clean water revenue bonds; --$10.6 million in outstanding subordinate lien clean water revenue bonds; --$117.1 million in outstanding wastewater revolving fund refunding revenue bonds (on parity with ..

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