Moody's Reviews LOC-Backed Rating of San Francisco Public Utilities Commission CP Notes Wastewater Series A-1
New York, February 10, 2017-- Moody's expects to reinstate the P-1 letter of credit- backed rating of the Public Utilities Commission of the City and County of San Francisco Commercial Paper Notes Series A-1 on the effective date of a new LOC in support of the Notes to be provided by Sumitomo Mitsui Banking Corporation on February 22, 2017. Moody's Investors Service has withdrawn the P-1 rating due to the expiration of the prior LOC supporting the Notes provided by Wells Fargo Bank,...
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