'AA' Rating Assigned To Nashville&Davidson County Metropolitan Government, TN's $200.665 Million GO Refunding Bonds - S&P Global Ratings’ Credit Research

'AA' Rating Assigned To Nashville&Davidson County Metropolitan Government, TN's $200.665 Million GO Refunding Bonds

'AA' Rating Assigned To Nashville&Davidson County Metropolitan Government, TN's $200.665 Million GO Refunding Bonds - S&P Global Ratings’ Credit Research
'AA' Rating Assigned To Nashville&Davidson County Metropolitan Government, TN's $200.665 Million GO Refunding Bonds
Published Jul 12, 2011
Published Jul 12, 2011
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

DALLAS (Standard&Poor's) July 12, 2011-- Standard&Poor's Ratings Services assigned its 'AA' long-term rating to the Nashville&Davidson County Metropolitan Government (Metro), Tenn.'s $200.665 million series 2011 general obligation (GO) refunding bonds. At the same time, Standard&Poor's affirmed its 'AA' long-term and underlying rating (SPUR) on Metro's outstanding GO debt. Finally, Standard&Poor's affirmed its 'AA-' SPUR on Metro's outstanding energy system revenue bonds. The outlook on all bonds is stable. "The rating reflects our view of Metro's role as a regional economic center with moderate overall debt levels," said Standard&Poor's credit analyst Sarah Smaardyk. Officials plan to use bond proceeds to refund some outstanding bonds for a 9% estimated net

  
Report Type:

Ratings Action

Issuer
The Metropolitan Government of Nashville and Davidson County
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "'AA' Rating Assigned To Nashville&Davidson County Metropolitan Government, TN's $200.665 Million GO Refunding Bonds" Jul 12, 2011. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/AA-Rating-Assigned-To-Nashville-Davidson-County-Metropolitan-Government-TN-s-200-665-Million-GO-Refunding-Bonds-878525>
  
APA:
S&P Global Ratings’ Credit Research. (). 'AA' Rating Assigned To Nashville&Davidson County Metropolitan Government, TN's $200.665 Million GO Refunding Bonds Jul 12, 2011. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/AA-Rating-Assigned-To-Nashville-Davidson-County-Metropolitan-Government-TN-s-200-665-Million-GO-Refunding-Bonds-878525>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.