BRADENTON, Fla. — On the heels of a rating upgrade to triple-A, the Louisville/Jefferson County Metro Government Water Works Board in Kentucky tomorrow plans to competitively sell $78.5 million of tax-exempt advance refunding bonds and $127.8 million of federally taxable Build America Bonds.

Citing strong financial operations, Standard & Poor’s raised its rating on the board’s debt to AAA from AA-plus and assigned the highest rating to the bonds being sold tomorrow. Moody’s Investors Service rates the bonds Aa1.

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