Hopkinton, Mass.' Bonds Rated 'AA'; Outlook Stable - S&P Global Ratings’ Credit Research

Hopkinton, Mass.' Bonds Rated 'AA'; Outlook Stable

Hopkinton, Mass.' Bonds Rated 'AA'; Outlook Stable - S&P Global Ratings’ Credit Research
Hopkinton, Mass.' Bonds Rated 'AA'; Outlook Stable
Published Jul 13, 2000
906 words — Published Jul 13, 2000
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

BOSTON (Standard&Poor's CreditWire) July 13, 2000-- Standard&Poor's today assigned its double-'A' rating to Hopkinton, Mass.' $3.38 million GO bonds due Aug. 1, 2001-2020. The bonds are scheduled to sell July 19, 2000. The outlook is stable. In addition, Standard&Poor's raised its rating on the town's $19.7 million GO bonds to double-'A' from double-'A'-minus. The rating upgrade is due to: -- A relatively diverse and growing economic base, complimenting access to the strong Boston metropolitan economy; -- Consistently favorable financial operations; -- A favorable debt position; and -- Above-average wealth and income levels and rising property values. Slightly offsetting these factors are higher, but still manageable, debt service charges. The bonds are secured by the

  
Brief Excerpt:

RESEARCH Hopkinton, Mass.' Bonds Rated '##'; Outlook Stable Publication date: 13-Jul-2000 BOSTON (Standard & Poor's CreditWire) July 13, 2000-- Standard & Poor's today assigned its double-'A' rating to Hopkinton, Mass.' $3.38 million...

  
Report Type:

Ratings Action

Issuer
Sector
Public Finance
Country
Region
Format:
HTML HTML
Buy Now

More from S&P Global Ratings’ Credit Research

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, Mass.' Bonds Rated 'AA'; Outlook Stable" Jul 13, 2000. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Hopkinton-Mass-Bonds-Rated-AA-Outlook-Stable-158026>
  
APA:
S&P Global Ratings’ Credit Research. (). Hopkinton, Mass.' Bonds Rated 'AA'; Outlook Stable Jul 13, 2000. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Hopkinton-Mass-Bonds-Rated-AA-Outlook-Stable-158026>
  
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.