Minneapolis, MN GO Debt Rating Outlook Revised To Stable From Negative On Demonstrated Risk Management - S&P Global Ratings’ Credit Research

Minneapolis, MN GO Debt Rating Outlook Revised To Stable From Negative On Demonstrated Risk Management

Minneapolis, MN GO Debt Rating Outlook Revised To Stable From Negative On Demonstrated Risk Management - S&P Global Ratings’ Credit Research
Minneapolis, MN GO Debt Rating Outlook Revised To Stable From Negative On Demonstrated Risk Management
Published Oct 25, 2021
2 pages (1281 words) — Published Oct 25, 2021
Price US$ 150.00  |  Buy this Report Now

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Abstract:

CHICAGO (S&P Global Ratings) Oct. 22, 2021--S&P Global Ratings has revised the outlook on the city of Minneapolis, Minn.'s general obligation (GO) debt to stable from negative and affirmed its 'AAA' rating. At the same time, we have assigned our 'AAA' rating, with a stable outlook, to the city's $125.5 million series 2021 GO bonds and $15.9 million series 2021 taxable GO housing improvement area bonds. "The outlook revision reflects our view that despite some lingering uncertainty around both public safety reform and the medium-term pace of economic and revenue recovery from the still-ongoing COVID-19 pandemic, the city has a fiscal roadmap in place that we believe sufficiently demonstrates how it will navigate the next few years while actively managing

  
Report Type:

Ratings Action

Ticker
MINMED
Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Minneapolis, MN GO Debt Rating Outlook Revised To Stable From Negative On Demonstrated Risk Management" Oct 25, 2021. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Minneapolis-MN-GO-Debt-Rating-Outlook-Revised-To-Stable-From-Negative-On-Demonstrated-Risk-Management-2743876>
  
APA:
S&P Global Ratings’ Credit Research. (). Minneapolis, MN GO Debt Rating Outlook Revised To Stable From Negative On Demonstrated Risk Management Oct 25, 2021. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Minneapolis-MN-GO-Debt-Rating-Outlook-Revised-To-Stable-From-Negative-On-Demonstrated-Risk-Management-2743876>
  
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