Missouri 'AAA' Issuer Credit Rating Affirmed On Release Of New Criteria - S&P Global Ratings’ Credit Research

Missouri 'AAA' Issuer Credit Rating Affirmed On Release Of New Criteria

Missouri 'AAA' Issuer Credit Rating Affirmed On Release Of New Criteria - S&P Global Ratings’ Credit Research
Missouri 'AAA' Issuer Credit Rating Affirmed On Release Of New Criteria
Published Sep 12, 2024
3 pages (1351 words) — Published Sep 12, 2024
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

ENGLEWOOD (S&P Global Ratings) Sept. 12, 2024--S&P Global Ratings affirmed its 'AAA' issuer credit rating (ICR) on the State of Missouri based on the application of our "Methodology for Rating U.S. Governments," published Sept. 9, 2024, on RatingsDirect. At the same time, we affirmed our 'AA+' long-term rating on the state's appropriation-backed debt and our 'AA-' long-term rating on the Land Clearance for Redevelopment Authority's series 2021 annual appropriation revenue bonds (Enterprise Center project), backed by contractual payments of the state. The outlook is stable. "Underscoring our 'AAA' ICR on Missouri is the state's demonstrated commitment to structural budget balance, and management's long-standing financial oversight and practices that have supported stable and predictable budget performance across economic cycles," said S&P

  
Brief Excerpt:

...Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore be read in conjunction with such...

  
Report Type:

Ratings Action

Issuer
Missouri
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Missouri 'AAA' Issuer Credit Rating Affirmed On Release Of New Criteria" Sep 12, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Missouri-AAA-Issuer-Credit-Rating-Affirmed-On-Release-Of-New-Criteria-3249271>
  
APA:
S&P Global Ratings’ Credit Research. (). Missouri 'AAA' Issuer Credit Rating Affirmed On Release Of New Criteria Sep 12, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Missouri-AAA-Issuer-Credit-Rating-Affirmed-On-Release-Of-New-Criteria-3249271>
  
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