Standard & Poor’s raised the rating on San Antonio Water System’s revenue bonds to AA from AA-minus, citing “management’s ability to maintain good coverage levels and strong liquidity, coupled with the development of a long-range capital and financial plan.” 

SAWS also won good marks for diversifying its long-term supplies of water and maintaining competitive water and sewer rates. The system provides water and wastewater services to more than 1 million consumers in the San Antonio region.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.