S&P Global Ratings assigned its 'AA-' rating to the City of Austin , Texas' proposed $540.55 million series 2026A senior lien special tax revenue bonds (Convention Center Project). At the same time, we assigned our 'BBB+' rating to the city?s proposed $122.45 million series 2026B junior lien special tax revenue bonds (Convention Center Project). The outlook is stable. DALLAS (S&P Global Ratings) July 16, 2026--S&P Global Ratings today took the rating actions listed above. The stable outlook reflects S&P Global Ratings' expectation that the pledged revenue stream, despite inherent exposure to local market changes and macroeconomic trends, will likely continue its positive trend over the near-term, supporting coverage growth on both liens after the total financing plan is complete. We
