Two Top Rating Agencies Reaffirm Metropolitan's Strong Credit Ratings [Yahoo! Finance]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: Yahoo! Finance
LOS ANGELES, April 18, 2024 BUSINESS WIRE )--A week after its governing board adopted a financially responsible two-year budget, the Metropolitan Water District of Southern California has once again earned excellent credit ratings from two of the nation's top rating agencies. In advance of Metropolitan's pricing of approximately $360 million of senior lien revenue bonds next week, S&P Global Ratings on Wednesday (April 17) reaffirmed Metropolitan's AAA rating and Moody's recently reaffirmed the agency's Aa1 rating. Metropolitan board Chair Adán Ortega, Jr. attributed the ratings to the continued financial strength and investor confidence in Metropolitan's long-term ability to deliver safe and reliable water to Southern California, through strategic planning and resource management. "Maintaining Metropolitan's fiscal integrity is of utmost importance to our board as we help the region adapt to climate change through investments in reliable water supplies," Ortega said. "High cre
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MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 4/19/24 - Form 8-K
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- MCO's page on the SEC website