Moody's Assigns A2 to Glendale, AZ's GOULT 2016 A and B

Glendale, AZ: New Issue - Moody's Assigns A1 to Glendale, AZ's 2017 Sub. Excise Bonds - New Issue – 2017/05/18 – US$ 750.00

Glendale, AZ: Update - Moody's Upgrades Glendale, AZ's GOULT and General Excise Ratings to A1; Outlook Stable - Rating Update – 2017/04/11 – US$ 250.00 – ...Moody's Investors Service upgraded Glendale, Arizona's GOULT rating to A1 from A2 ($135.1 million of debt affected). At this time, Moody's also upgraded to A1 from A2 the city's senior and subordinate lien general excise tax bond ratings ($246.7 and $189.9 million of debt affected, respectively). The transportation excise tax bond rating was affirmed at A2 ($77.6 million of debt affected). The rating outlooks remain stable. The upgrade of the GOULT rating to A1 primarily reflects sustained improvement in the city's still modest financial position that benefits from positive economic trends and prudent management. The city's tax base continues to grow soundly amid the region's housing recovery. The city remains challenged by outsized fixed costs given a high debt burden that significantly leverages excise taxes otherwise available for critical services, along with rising pension costs. The upgrades to A1 for all of the general excise tax ratings primarily reflects the city's sound economic...

Moody's Upgrades Glendale, AZ's GOULT and General Excise Ratings to A1; Outlook Stable - Rating Action – 2017/04/11 – US$ 180.00

Glendale, AZ: New Issue - Moody's Assigns A2 to Glendale, AZ's Senior Excise Tax Ref. 2016 - New Issue – 2016/03/28 – US$ 750.00

Moody's Assigns A2 to Glendale, AZ's Senior Excise Tax Ref. 2016 - Rating Action – 2016/03/28 – US$ 180.00

Glendale, AZ: New Issue - Moody's Assigns A2 to Glendale, AZ's GOULT 2016 A and B - New Issue – 2016/03/14 – US$ 750.00

Glendale, Arizona, Renegotiates Smaller Subsidy to Pro Hockey Team, a Credit Positive - Sector Comment – 2015/08/03 – US$ 200.00

Glendale, Arizona: As City's Finances Stabilize, Exposure to Enterprise Risk and High Debt Remain - Credit Focus – 2014/10/16 – US$ 750.00

Moody's downgrades Glendale (AZ) GOULT to A3; special tax bonds downgraded; outlook negative; water/sewer bonds affirmed and outlook to negative - Rating Action – 2013/08/23 – US$ 180.00

Moody's downgrades Glendale (AZ) GOULT to A3; special tax bonds downgraded; outlook negative; water/sewer bonds affirmed and outlook to negative - Rating Update – 2013/08/23 – US$ 250.00