Albuquerque, NM's GO General Purpose Bonds Rated 'AA'; Outlook Stable - S&P Global Ratings’ Credit Research

Albuquerque, NM's GO General Purpose Bonds Rated 'AA'; Outlook Stable

Albuquerque, NM's GO General Purpose Bonds Rated 'AA'; Outlook Stable - S&P Global Ratings’ Credit Research
Albuquerque, NM's GO General Purpose Bonds Rated 'AA'; Outlook Stable
Published Jun 15, 2000
745 words — Published Jun 15, 2000
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Abstract:

SAN FRANCISCO (Standard&Poor's CreditWire) June 15, 2000--Standard&Poor's today assigned its double-'A' rating to Albuquerque, N.M.'s $44.08 million GO general purpose bonds series 2000A and $6.75 million GO storm sewer bonds series 2000B. The bonds are scheduled to sell June 19, 2000. In addition, Standard&Poor's affirmed its double-'A' rating on they city's outstanding $139.97 million GO general purpose and sewer bonds. The outlook is stable. The rating reflects: -- An expanding and diverse economic base, -- Average wealth and income indicators, -- Moderate debt levels; and -- Sound financial performance. The bonds are secured by unlimited ad valorem property taxes. Albuquerque, with a population of 419,311, is New Mexico's largest city and economic center. Services

  
Brief Excerpt:

RESEARCH Albuquerque, NM's GO General Purpose Bonds Rated '##'; Outlook Stable Publication date: 15-Jun-2000 SAN FRANCISCO (Standard & Poor's CreditWire) June 15, 2000--Standard & Poor's today assigned its double-'A' rating to Albuquerque,...

  
Report Type:

Ratings Action

Issuer
Albuquerque
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Albuquerque, NM's GO General Purpose Bonds Rated 'AA'; Outlook Stable" Jun 15, 2000. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Albuquerque-NM-s-GO-General-Purpose-Bonds-Rated-AA-Outlook-Stable-155075>
  
APA:
S&P Global Ratings’ Credit Research. (). Albuquerque, NM's GO General Purpose Bonds Rated 'AA'; Outlook Stable Jun 15, 2000. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Albuquerque-NM-s-GO-General-Purpose-Bonds-Rated-AA-Outlook-Stable-155075>
  
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