Kings River Conservation District/California Dept of Water Resources, CA's Rev Bonds Rated AA Nov 00

Standard & Poors, November 2000

Abstract
SAN FRANCISCO (Standard & Poor's CreditWire) Nov. 15, 2000--Standard & Poor's today assigned its double- 'A' rating to the Kings River Conservation District, Calif.'s $22.77 million revenue refunding bonds, secured by the California Department of Water Resources. The bonds are scheduled to sell Nov. 21, 2000. In addition, Standard & Poor's affirmed its double-'A' rating on the district's $39.07 million revenue bonds, also secured by the California Department of Water Resources. Standard & Poor's also affirmed its double-'A' ratings on the California Department of Water Resources revenue bonds. The outlook is stable. The rating reflects the revenue bond rating on the California Department of Water Resources and their obligation to make debt service payments on these bonds pursuant to a...

Companies mentioned in this report are:
- Kings River Conserv Dist
- California Dept of Wtr Resources

Action: New Rating

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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

- Kings River Conserv Dist
- California Dept of Wtr Resources

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