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Fitch Affirms Southern CA Water Replenishment District, CA's COPs at 'AA+'; Outlook Stable

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AA+' ratings on the following Southern California Water Replenishment District, CA (the district) certificates: --$99.1 million revenue certificates of participation (COPs) series 2004, 2008 and 2011. The Rating Outlook is Stable. SECURITY The COPs represent an absolute and unconditional obligation of the district, payable from the district's net revenues, and are not subject to annual appropriation. Pledged net revenues, as define

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