Press Release|Public Finance

KBRA Releases Surveillance Report for City of San Diego, CA Senior Water Revenue Bonds and Subordinate WIFIA Loans

5 Jun 2024   |   New York


On June 4, 2024, KBRA downgraded the ratings for the City of San Diego, CA's (the "City") Water Revenue Bonds to AA from AA+ and for the Subordinate Water Revenue WIFIA Loans to AA- from AA. Both liens have a Stable Outlook. The City's Senior Water Revenue Bonds are issued by the Public Facilities Authority of the City of San Diego and secured by installment payments made by the City's water system.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1004631

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