KBRA Releases Rating Report for the City of San Diego’s WIFIA Loan

NEW YORK–(BUSINESS WIRE)–On November 9, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA with a Stable Outlook to the City of San Diego, CA North City Project WIFIA Loan, which is a subordinate obligation of the City’s Water Utility Fund. The City of San Diego is undertaking a significant project using advanced water purification technology to produce potable water from recycled water. The program, entitled Pure Water, is an integral piece of the City’s long-term goal o