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S&P Bulletin On LCRA COVID-19 Risk Mitigation

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April 20, 2020

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S&P Global Ratings said today that the Lower Colorado River Authority, Texas (LCRA) and affiliate Transmission Services Corp.'s (TSCorp.) (A/Stable) robust liquidity, strong margins, and flexible capital plan position the authority well for
evolving events related to the COVID-19 pandemic.

Strong Liquidity And Margins Mitigate COVID-19 Risks For Lower Colorado River Authority, TX