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Fitch Rates Sacramento Municipal Utility District, CA Electric Rev Bonds 'AA'; Outlook Stable

Fitch Ratings has assigned a 'AA' rating to the following bonds issued by the Sacramento Municipal Utility District, CA (SMUD). Approximately $158.0 million electric revenue bonds, 2022 series J (senior lien) Bond proceeds will refund outstanding 2012 series Y bonds; fund a potential termination payment for a swap entered into to hedge the interest rate on this anticipated
State Of California United States Sacramento County American River City Of Sacramento Rate Stabilization Fund

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