Hopkinton, MA GO Debt Rating Raised To 'AAA' Based On Local GO Criteria - S&P Global Ratings’ Credit Research

Hopkinton, MA GO Debt Rating Raised To 'AAA' Based On Local GO Criteria

Hopkinton, MA GO Debt Rating Raised To 'AAA' Based On Local GO Criteria - S&P Global Ratings’ Credit Research
Hopkinton, MA GO Debt Rating Raised To 'AAA' Based On Local GO Criteria
Published May 09, 2014
Published May 09, 2014
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Abstract:

NEW YORK (Standard&Poor's) May 9, 2014--Standard&Poor's Ratings Services said it raised its long-term rating on Hopkinton, Mass.' general obligation (GO) bonds one notch to 'AAA' from 'AA+' based on the implementation of its local GO criteria released on Sept. 12, 2013. At the same time, we assigned our 'AAA' long-term rating to the town's series 2014 GO bonds. "The outlook is stable, reflecting our view of the town's very strong economic indicators as well as its access to the broad and diverse Boston metropolitan area," said Standard&Poor's credit analyst Ruth Ducret. Hopkinton's full faith and credit GO pledge secures the bonds. Officials plan to use bond proceeds to redeem $1.4 million of bond anticipation

  
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MLA:
S&P Global Ratings’ Credit Research. "Hopkinton, MA GO Debt Rating Raised To 'AAA' Based On Local GO Criteria" May 09, 2014. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Hopkinton-MA-GO-Debt-Rating-Raised-To-AAA-Based-On-Local-GO-Criteria-1315526>
  
APA:
S&P Global Ratings’ Credit Research. (). Hopkinton, MA GO Debt Rating Raised To 'AAA' Based On Local GO Criteria May 09, 2014. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Hopkinton-MA-GO-Debt-Rating-Raised-To-AAA-Based-On-Local-GO-Criteria-1315526>
  
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