Debt Management

MSD received AA ratings from the three major national bond rating agencies, reaffirming the confidence in MSD's financial management and economic outlook. High bond ratings mean MSD is able to sell Revenue Bonds to finance voter-approved capital projects at lower interest rates. The ratings will save rate payers about $5 million in interest over the life of the bonds.

Summary of Current Ratings 

The Bank of New York Trust Company, N.A.
911 Washington Avenue, Suite 300
St. Louis, MO 63101

Cheryl A. Rain
Assistant Vice President & Relationship Manager
Email: cheryl.rain@bnymellon.com
Phone: (314) 613-8224
Fax: (314) 613-8238

Digital Assurance Certification LLC
DAC - An Ernst & Young LLP Company
390 North Orange Avenue, 17th Floor
Orlando, FL 32801

Shana Bridge
Client Service Manager
Phone: 1-888-824-2663
(407) 515-1100
Fax: (407) 515-6513

This announcement does not constitute an offer to sell or the solicitation of an offer to buy the Series 2004 A Bonds, Series 2006 C Bonds and Series 2008 A Bonds, nor shall there be any sale of the Series 2004 A Bonds, Series 2006 C Bonds and Series 2008 A Bonds by any person in any jurisdiction in which it is Unlawful for such person to make such offer, solicitation or sale. The offering is made only by the Official Statement.