Minneapolis, MN's GO Various Purpose Bonds Series 2007 Rated 'AAA'; Outlook Stable - S&P Global Ratings’ Credit Research

Minneapolis, MN's GO Various Purpose Bonds Series 2007 Rated 'AAA'; Outlook Stable

Minneapolis, MN's GO Various Purpose Bonds Series 2007 Rated 'AAA'; Outlook Stable - S&P Global Ratings’ Credit Research
Minneapolis, MN's GO Various Purpose Bonds Series 2007 Rated 'AAA'; Outlook Stable
Published Jun 21, 2007
Published Jun 21, 2007
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Abstract:

CHICAGO (Standard&Poor's) June 21, 2007--Standard&Poor's Ratings Services has assigned its 'AAA' rating to Minneapolis, Minn.'s $34.055 million GO various purpose bonds series 2007. The outlook is stable. At the same time, the rating service affirmed its 'AAA' rating on the city's previously issued GO debt. The rating reflects the city's deep and diverse economic base; role as a regional economic center for the upper Midwest; strong financial management, bolstered by good fund balances; history of actively managing long-term expenditure pressures; and well-managed capital program, with reasonable debt levels. "We expect the city's strong financial management and ongoing economic growth to continue," said Standard&Poor's credit analyst Corey Friedman "We will continue to monitor the city's

  
Report Type:

Ratings Action

Ticker
MINMED
Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Minneapolis, MN's GO Various Purpose Bonds Series 2007 Rated 'AAA'; Outlook Stable" Jun 21, 2007. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Minneapolis-MN-s-GO-Various-Purpose-Bonds-Series-2007-Rated-AAA-Outlook-Stable-586483>
  
APA:
S&P Global Ratings’ Credit Research. (). Minneapolis, MN's GO Various Purpose Bonds Series 2007 Rated 'AAA'; Outlook Stable Jun 21, 2007. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Minneapolis-MN-s-GO-Various-Purpose-Bonds-Series-2007-Rated-AAA-Outlook-Stable-586483>
  
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