Hopkinton, MA GO BANs Assigned 'SP-1+' Rating; GO Municipal Purpose Loan Of 2025 Bonds Rated 'AAA', Outlook Stable - S&P Global Ratings’ Credit Research

Hopkinton, MA GO BANs Assigned 'SP-1+' Rating; GO Municipal Purpose Loan Of 2025 Bonds Rated 'AAA', Outlook Stable

Hopkinton, MA GO BANs Assigned 'SP-1+' Rating; GO Municipal Purpose Loan Of 2025 Bonds Rated 'AAA', Outlook Stable - S&P Global Ratings’ Credit Research
Hopkinton, MA GO BANs Assigned 'SP-1+' Rating; GO Municipal Purpose Loan Of 2025 Bonds Rated 'AAA', Outlook Stable
Published May 12, 2025
Published May 12, 2025
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'SP-1+' short-term rating to the Town of Hopkinton , Mass.' approximately $81.0 million general obligation (GO) bond anticipation notes (BANs). At the same time, S&P Global Ratings assigned its 'AAA' long-term rating to Hopkinton's approximately $9.4 million GO municipal purpose loan of 2025 bonds. S&P Global Ratings also affirmed its 'AAA' long-term rating on the town's existing GO bonds as well as its 'SP-1+' short-term rating on the town's outstanding BANs. The outlook on the long-term rating is stable. The rating reflects the application of our criteria, " Methodology For Rating U.S. Governments ," published Sept. 9, 2024, on RatingsDirect. WASHINGTON DC (S&P Global Ratings) May 12, 2025--S&P Global Ratings today took the rating actions

  
Report Type:

Ratings Action

Issuer
Sector
Public Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Hopkinton, MA GO BANs Assigned 'SP-1+' Rating; GO Municipal Purpose Loan Of 2025 Bonds Rated 'AAA', Outlook Stable" May 12, 2025. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Hopkinton-MA-GO-BANs-Assigned-SP-1-Rating-GO-Municipal-Purpose-Loan-Of-2025-Bonds-Rated-AAA-Outlook-Stable-3367769>
  
APA:
S&P Global Ratings’ Credit Research. (). Hopkinton, MA GO BANs Assigned 'SP-1+' Rating; GO Municipal Purpose Loan Of 2025 Bonds Rated 'AAA', Outlook Stable May 12, 2025. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Hopkinton-MA-GO-BANs-Assigned-SP-1-Rating-GO-Municipal-Purpose-Loan-Of-2025-Bonds-Rated-AAA-Outlook-Stable-3367769>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.