Atlanta GO Debt Rating Raised To 'AA+' On Stronger Finances, Favorable Operations - S&P Global Ratings’ Credit Research

Atlanta GO Debt Rating Raised To 'AA+' On Stronger Finances, Favorable Operations

Atlanta GO Debt Rating Raised To 'AA+' On Stronger Finances, Favorable Operations - S&P Global Ratings’ Credit Research
Atlanta GO Debt Rating Raised To 'AA+' On Stronger Finances, Favorable Operations
Published Mar 04, 2016
Published Mar 04, 2016
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Abstract:

BOSTON (Standard&Poor's) March 4, 2016--Standard&Poor's Ratings Services raised its rating on Atlanta's general obligation (GO) to 'AA+' from 'AA'. At the same time, we raised our ratings on the Atlanta&Fulton County Recreation Authority's series 2007A, 2007B, and 2010 bonds, and the debt of the Atlanta Downtown Development Authority (DDA), Atlanta Public Safety&Judicial Facilities Authority, Atlanta Solid Waste Management Authority, and Atlanta Urban Residential Finance Authority. These obligations are all supported by the city. The outlook on all the ratings is stable. "The higher rating reflects consecutive years of favorable operating results and a much stronger financial position," said Standard&Poor's credit analyst Victor Medeiros, "and our view that management will sustain

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Atlanta GO Debt Rating Raised To 'AA+' On Stronger Finances, Favorable Operations" Mar 04, 2016. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Atlanta-GO-Debt-Rating-Raised-To-AA-On-Stronger-Finances-Favorable-Operations-1591614>
  
APA:
S&P Global Ratings’ Credit Research. (). Atlanta GO Debt Rating Raised To 'AA+' On Stronger Finances, Favorable Operations Mar 04, 2016. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Atlanta-GO-Debt-Rating-Raised-To-AA-On-Stronger-Finances-Favorable-Operations-1591614>
  
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