OC San has once again received ‘AAA’ Credit Rating from the top credit agencies in the country. All three agencies: Fitch Ratings, Standard & Poor’s, and Moody’s Investors Service Incorporated, reaffirmed it during our recent debt issuance. This is the highest possible credit rating an agency can receive, which means that we have access to low interest rate financing on infrastructure improvements, resulting in cost savings for OC San’s customers.
OC San’s ‘AAA’ revenue ratings and issuer default ratings reflect OC San’s very low leverage. This rating was measured as net adjusted debt to adjusted funds available for debt service, in the framework of very strong revenue defensibility and low operating risks.