Fitch rates San Diego’s $240 million subordinate sewer revenue bonds ‘AA’ with a Negative Outlook; SCP is ‘aa’. Negative Outlook reflects leverage above 8.0x through FY2030, peaking 9.2x in FY2028; FY2025 leverage 8.2x.
Mon 04 May, 2026 – 5:42 PM ET
Fitch rates San Diego’s $240 million subordinate sewer revenue bonds ‘AA’ with a Negative Outlook; SCP is ‘aa’. Negative Outlook reflects leverage above 8.0x through FY2030, peaking 9.2x in FY2028; FY2025 leverage 8.2x.
Mon 04 May, 2026 – 5:42 PM ET