District of Columbia's Series 2020C And D Income Tax-Secured Revenue And Revenue Refunding Bonds Rated 'AAA' - S&P Global Ratings’ Credit Research

District of Columbia's Series 2020C And D Income Tax-Secured Revenue And Revenue Refunding Bonds Rated 'AAA'

District of Columbia's Series 2020C And D Income Tax-Secured Revenue And Revenue Refunding Bonds Rated 'AAA' - S&P Global Ratings’ Credit Research
District of Columbia's Series 2020C And D Income Tax-Secured Revenue And Revenue Refunding Bonds Rated 'AAA'
Published Jun 25, 2020
3 pages (1659 words) — Published Jun 25, 2020
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

WASHINGTON D.C. (S&P Global Ratings) June 25, 2020--S&P Global Ratings assigned its 'AAA' rating to the District of Columbia's series 2020C and 2020D income tax-secured revenue and revenue refunding bonds. At the same time, S&P Global Ratings affirmed its 'AAA' rating on the District's income tax revenue bonds outstanding. The outlook is stable. The ratings reflect the application of our criteria "Priority-Lien Tax Revenue Debt," published Oct. 22, 2018, which factors in both the strength and stability of pledged revenue and the general creditworthiness of the municipality. The $315 million 2020C bonds represent new money that will be used to fund a portion of the District's current capital improvement plan. The $235 million 2020D bonds will be used to refund

  
Report Type:

Ratings Action

Issuer
District of Columbia
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "District of Columbia's Series 2020C And D Income Tax-Secured Revenue And Revenue Refunding Bonds Rated 'AAA'" Jun 25, 2020. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/District-of-Columbia-s-Series-2020C-And-D-Income-Tax-Secured-Revenue-And-Revenue-Refunding-Bonds-Rated-AAA-2469242>
  
APA:
S&P Global Ratings’ Credit Research. (). District of Columbia's Series 2020C And D Income Tax-Secured Revenue And Revenue Refunding Bonds Rated 'AAA' Jun 25, 2020. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/District-of-Columbia-s-Series-2020C-And-D-Income-Tax-Secured-Revenue-And-Revenue-Refunding-Bonds-Rated-AAA-2469242>
  
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