| Title: | Duxbury, MA Bond Rating Raised To 'AAA' On Strong Financial Position |
| Price: | $100.00 |
| Publication Date: | Apr 30, 2008 |
| Report Type: | News |
| Abstract: | BOSTON (Standard&Poor's) April 30, 2008--Standard&Poor's Ratings Services raised its rating to 'AAA' from 'AA+' on Duxbury, Mass.' parity debt. In addition, Standard&Poor's assigned its 'AAA' rating to the town's series 2008 general obligation (GO) bonds. The outlook is stable. The 'AAA' rating reflects the town's affluent and diverse tax base, in addition to its strong financial position, which Duxbury has maintained over various economic cycles. The 'AAA' rating also reflects the town's local economy, which participates in the greater Boston metropolitan statistical area (MSA); extremely strong wealth levels with an equalized value per capita of more than $239,000; and a low debt position, coupled with modest future borrowing needs. "The stable outlook reflects our |
| Brief Excerpt: | RESEARCH Ratings Definitions Duxbury, MA Bond Rating Raised To '###' On Strong Financial Position Publication date: ##-Apr-#### Primary Credit Analyst: Victor Medeiros, Boston ###.###.####.; victor_medeiros@standardandpoors.com Secondary... |
| Word Count: | 686 |
| Issuer: | Duxbury Twn |
| Sector: | Public Finance |
| Country: | United States |
| Region: | United States |
| Format: | 
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