Columbus Metropolitan Housing Authority Assigned 'A+' Issuer Credit Rating

CENTENNIAL (S&P Global Ratings) Nov. 25, 2020--S&P Global Ratings assigned its 'A+' issuer credit rating (ICR) to Columbus Metropolitan Housing Authority (CMHA). The outlook is stable. The rating on CMHA reflects the authority's stand-alone credit profile of 'a+' and our view that there is a moderate likelihood that the U.S. government would provide timely and sufficient extraordinary support to CMHA in the event of financial distress. "The stable outlook reflects our expectation that CMHA's strong management, excellent liquidity position, very strong debt profile, and very strong economic fundamentals will support the ongoing pursuit of its mission in the near term," said S&P Global Ratings credit analyst Daniel Pulter.

...November 25, 2020 CENTENNIAL (S&P Global Ratings) Nov. 25, 2020--S&P Global Ratings assigned its 'A+' issuer credit rating (ICR) to Columbus Metropolitan Housing Authority (CMHA). The outlook is stable. The rating on CMHA reflects the authority's stand-alone credit profile of 'a+' and our view that there is a moderate likelihood that the U.S. government would provide timely and sufficient extraordinary support to CMHA in the event of financial distress. "The stable outlook reflects our expectation that CMHA's strong management, excellent liquidity position, very strong debt profile, and very strong economic fundamentals will support the ongoing pursuit of its mission in the near term," said S&P Global Ratings credit analyst Daniel Pulter....

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