San Diego County Water Authority Saves $48 Million Through Bond Refinancing

The San Diego County Water Authority announced it completed refinancing of a series of bond issues in April to save water customers $48 million in interest payments.

The savings from refinancing the Series 2021S-1 and 2021B bonds is a result of the agency’s continued strong credit ratings affirmed in March. Both issues are so-called “green bonds” to support sustainable water management and other environmental projects.