Business Daily.
.
A+ R A-

Fitch Upgrades Detroit, MI's Water and Sewer Revs; Outlook Stable

E-mail Print PDF
AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings upgrades the following city of Detroit (the city) and Michigan Finance Authority bonds issued for the Detroit Water and Sewerage Department (DWSD): --$1.2 billion in senior lien water revenue bonds to 'BBB' from 'BBB-'; --$585 million in second lien water revenue bonds to 'BBB-' from 'BB+'; --$1.8 billion in senior lien sewer revenue bonds to 'BBB' from 'BBB-'; --$698 million in second lien sewer revenue bonds to 'BBB-' from 'BB+'. The Rating Outloo

imageimage
Grow Your Business with Times Media
Business Daily Media