CHICAGO — The Metropolitan St. Louis Sewer District got mixed signals from rating agencies this week, winning an upgrade to AAA from Standard & Poor's while losing its top mark from Fitch Ratings ahead of a $53 million revenue bond sale next week.

The competitive sale is slated for Dec. 8. Public Financial Management Inc. and ButcherMark Financial Advisors LLC are advising MSD on the sale and Gilmore & Bell PC and White Coleman & Associates LLC are bond counsel. The bonds are secured by most of MSD's net wastewater operating revenues.

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