Naperville, IL's GO Refunding Bonds Rated 'AAA'; Outlook Stable - S&P Global Ratings’ Credit Research

Naperville, IL's GO Refunding Bonds Rated 'AAA'; Outlook Stable

Naperville, IL's GO Refunding Bonds Rated 'AAA'; Outlook Stable - S&P Global Ratings’ Credit Research
Naperville, IL's GO Refunding Bonds Rated 'AAA'; Outlook Stable
Published Feb 02, 2001
Published Feb 02, 2001
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Abstract:

CHICAGO (Standard&Poor's CreditWire) Feb. 2, 2001-- Standard&Poor's today assigned its triple-'A' rating to Naperville, Ill.'s $7.19 million GO refunding bonds series 2001 dated Feb. 1, 2001, due Dec. 1, 2008. The bonds are scheduled to sell Feb. 7, 2001. In addition, Standard&Poor's affirmed its triple-'A' rating on the city's outstanding GO bonds. The outlook is stable. The rating reflects the city's: -- Large, well-diversified, and steadily growing tax base; -- Very high wealth and income levels; -- Extremely strong fiscal management and excellent financial performance; and -- Moderate debt burden. Located 30 miles west of Chicago, Ill. in DuPage County, Naperville is a rapidly growing community with a strong corporate presence. The city's population,

  
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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Naperville, IL's GO Refunding Bonds Rated 'AAA'; Outlook Stable" Feb 02, 2001. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Naperville-IL-s-GO-Refunding-Bonds-Rated-AAA-Outlook-Stable-181339>
  
APA:
S&P Global Ratings’ Credit Research. (). Naperville, IL's GO Refunding Bonds Rated 'AAA'; Outlook Stable Feb 02, 2001. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Naperville-IL-s-GO-Refunding-Bonds-Rated-AAA-Outlook-Stable-181339>
  
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