Quality | 2011.11.18
Fitch Downgrades Central Brown County Water Authority, Wisconsin Water Revs to 'AA'; Outlook Stable
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has downgraded the following Central Brown County Water Authority, Wisconsin (CBCWA) bonds in the course of routine surveillance: --$131.76 million water system revenue bonds, series 2005 downgraded to \'AA\' from \'AA+\'. The Rating Outlook is Stable. KEY RATING DRIVERS WEAKENED PARTICIPANT CREDIT QUALITY: The downgrade reflects a weakening in the credit profiles of the largest members systems that are responsible for the payment of debt service through
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