AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has upgraded its rating on the following certificates issued by the Lake Arrowhead Community Services District, CA (the district): --$20.7 million in outstanding certificates of participation (COPs), series 2009 to 'AA+' from 'AA'. The Rating Outlook is revised to Stable from Positive. SECURITY The COPs are secured by a pledge of net water and wastewater system (the system) revenues. KEY RATING DRIVERS UPGRADE REFLECTS IMPROVING FINANCIALS: System f
Reported by Business Wire 1 hour ago.
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