Tag: S&P Global

Citing 'notable strides' by new management, S&P Global changes Central Alabama Water outlook

Earlier this week, S&P Global Ratings (S&P Global) released a report that removed Central Alabama Water from “CreditWatch Negative” and changed its Outlook to “Stable” while affirming its AA- bond rating, citing efforts made by new management.

S&P Global lowers Central Alabama Water bond rating to AA- with CreditWatch Negative

S&P Global Ratings lowered its long-term rating to "AA-" from "AA" on Central Alabama Water's fiscal mismanagement, which the board attributes to the former Birmingham Water Works Board.