Fitch Upgrades S-T Rating to 'F1+' on Sacramento Municipal Utility District (CA) CP Notes Ser K

NEW YORK--()--The rating action referenced in Fitch Ratings' Dec. 12, 2014, press release ('Fitch to Upgrade S-T Rating to 'F1+' on Sacramento Municipal Utility District (CA) CP Notes Ser K'), is effective today (Dec. 18, 2014).

Additional information is available at www.fitchratings.com.

Applicable Criteria and Related Research:

--'U.S. Municipal Structured Finance Criteria', Feb. 24, 2014;

--'Rating Guidelines for Letter of Credit-Supported Bonds', June 2, 2014.

Applicable Criteria and Related Research:

U.S. Municipal Structured Finance Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=736618

Rating Guidelines for Letter of Credit-Supported Bonds and Commercial Paper

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=749431

Additional Disclosure

Solicitation Status

http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=956355

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Contacts

Fitch Ratings
Primary Analyst
Linda Friedman
Senior Director
+1 212-908-0727
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Secondary Analyst
Richard Park
Director
+1 212-908-0289
or
Committee Chairperson
Joseph Staffa
Senior Director
+1 212-908-0829
or
Media Relations, New York
Elizabeth Fogerty, +1 212-908-0526
elizabeth.fogerty@fitchratings.com

Contacts

Fitch Ratings
Primary Analyst
Linda Friedman
Senior Director
+1 212-908-0727
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Secondary Analyst
Richard Park
Director
+1 212-908-0289
or
Committee Chairperson
Joseph Staffa
Senior Director
+1 212-908-0829
or
Media Relations, New York
Elizabeth Fogerty, +1 212-908-0526
elizabeth.fogerty@fitchratings.com