Bangkok--15 Jan--Standard & Poor's
Standard & Poor's Ratings Services raised its underlying rating (SPUR) to 'AA' from 'A+' on Cedar River Water and Sewer District, Wash.'s series 2005 sewer revenue refunding bonds. The outlook is stable.
For additional information, please see the article "130 Municipal Water And Sewer Issuers Are Upgraded After Recent Criteria Revision," published Nov. 17, 2008, on RatingsDirect.
Complete ratings information is available to subscribers of RatingsDirect, the real-time Web-based source for Standard & Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com; select your preferred country or region, then Ratings in the left navigation bar, followed by Find a Rating.
Media Contact:
Edward Sweeney, New York (1) 212-438-6643, [email protected]
Analyst Contacts:
Le T Quach, San Francisco (1) 415- 371-5013
Misty Newland, San Francisco (1) 415-371-5073