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Chicago Water Bonds

Issuer Type: Water/Sewer

Bond Ratings

1 of 2

Senior Lien Revenue Bonds

S&P
A+
Fitch
AA

Second Lien Revenue Bonds

S&P
A
Fitch
AA-
Kroll
AA

The City of Chicago operates a municipal water system that provides supply, treatment, and distribution of water to customers in the City and 125 suburban communities, covering 806 square miles and a population of 5.3 million.

Water Bonds may be used for:

Capital improvements to and extensions of the water system including:

Enhancement to the two purification plants

Installing new and replacing old grid mains

Installing and replacing meters

Upgrading various pumping stations