S&P Global Ratings maintains long-term ratings on more than 1,600 waterworks, sanitary sewer, and drainage utilities in the U.S. In this sector, roughly half of all ratings are ‘AA-‘ or higher, and roughly half are ‘A+’ or lower. We therefore believe it’s worthwhile to highlight noteworthy distinctions that differentiate utilities at these two rating levels.
Jun. 27, 2017