The Metropolitan Water District of Southern California

Issuer Overview

The Metropolitan Water District of Southern California

Issuer Type: Water / Sewer

Bond Ratings

1 of 6

Senior Lien Water Revenue

S&P
AAA
Fitch
AA+
Moody's
Aa1

Subordinate Lien Water Revenue

S&P
AA+
Fitch
AA+

Special Variable Rate Water Revenue Refunding Bonds, 2022 Series C-1

S&P
AAA/A-1+
Fitch
AA+/F-1+

Special Variable Rate Water Revenue Refunding Bonds, 2022 Series C-2

S&P
AAA/A-1
Fitch
AA+/F-1

Issuer Default Rating

Fitch
AA+

General Obligation

Moody's
Aaa

Our Commitment to Transparency

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Issuing bonds helps to fund, build and maintain critical infrastructure investments that our regional economy depends on and needs.  These investments include a regional recycled water program, water quality improvements, clean energy upgrades and our core distribution system, among other capital improvement projects.  Metropolitan is committed to maintaining our strong bond ratings with exceptional financial metrics, strong management and integrated planning for an uncertain future. In addition, we adhere to a policy of transparency with our investor community and the general public at-large.

Katano Kasaine, Assistant General Manager, Finance & Administration