City of Sparks&Sparks Tourism Improvement District No. 1 (NV): New A2 issuer rating and Ba3 special tax affirmed - Moody's Global Credit Research

City of Sparks&Sparks Tourism Improvement District No. 1 (NV): New A2 issuer rating and Ba3 special tax affirmed

City of Sparks&Sparks Tourism Improvement District No. 1 (NV): New A2 issuer rating and Ba3 special tax affirmed - Moody's Global Credit Research
City of Sparks&Sparks Tourism Improvement District No. 1 (NV): New A2 issuer rating and Ba3 special tax affirmed
Published Jun 05, 2018
7 pages (4044 words) — Published Jun 05, 2018
Price US$ 250.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...The City of Sparks, Nevada (A2) is supported by a large, growing tax base and slightly below average socioeconomic profile. The city is adjacent to Reno and the local economy has traditionally been volatile and dependent on the health of the greater US economy due to its reliant on gaming, entertainment and retail. The city has a narrow reserve position that should remain stable and below-average debt burden and above-average pension liability. Sparks Tourism Improvement District No. 1 (TID) (Ba3 stable) is supported by a very concentrated and economically sensitive but growing sales tax, narrow debt service coverage, and satisfactory legal provisions....

  
Report Type:

Credit Opinion

Issuer
Sparks (City of) NV
Format:
PDF Adobe Acrobat
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City of Sparks, NV: Annual Comment on Sparks - Issuer Comment – 2021/07/19 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

Moody's affirms the Ba2 on Sparks Tourism Improvement District No. 1, NV's special tax bonds; outlook stable - Rating Action – 2021/06/11 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

City of Sparks, NV: Annual Comment on Sparks - Issuer Comment – 2020/06/05 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

Moody's assigns Ba2 to Sparks Tourism Improvement District No. 1, NV's 2019 special tax refunding bonds; outlook stable - Rating Action – 2019/11/22 – US$ 180.00 – ...MOODY'S CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS OR MOODY'S PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK. All information contained...

City of Sparks, NV: Annual Comment on Sparks - Issuer Comment – 2019/09/17 – US$ 200.00 – ... data sources; Offering statements; Moody's Investors Service EXHIBIT 4...

Moody's assigns A2 issuer rating to City of Sparks, NV and affirms Ba3 special tax - Rating Action – 2018/06/05 – US$ 180.00 – ...MOODY'S CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS OR MOODY'S PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK. All information contained...

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Cite this Report

  
MLA:
Moody's Global Credit Research. "City of Sparks&Sparks Tourism Improvement District No. 1 (NV): New A2 issuer rating and Ba3 special tax affirmed" Jun 05, 2018. Alacra Store. May 16, 2024. <http://www.alacrastore.com/moodys-credit-research/City-of-Sparks-Sparks-Tourism-Improvement-District-No-1-NV-New-A2-issuer-rating-and-Ba3-special-tax-affirmed-PBM_1127707>
  
APA:
Moody's Global Credit Research. (). City of Sparks&Sparks Tourism Improvement District No. 1 (NV): New A2 issuer rating and Ba3 special tax affirmed Jun 05, 2018. New York, NY: Alacra Store. Retrieved May 16, 2024 from <http://www.alacrastore.com/moodys-credit-research/City-of-Sparks-Sparks-Tourism-Improvement-District-No-1-NV-New-A2-issuer-rating-and-Ba3-special-tax-affirmed-PBM_1127707>
  
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