Naperville, IL's Series 2009 GO Bonds Rated 'AAA'; Outlook Stable - S&P Global Ratings’ Credit Research

Naperville, IL's Series 2009 GO Bonds Rated 'AAA'; Outlook Stable

Naperville, IL's Series 2009 GO Bonds Rated 'AAA'; Outlook Stable - S&P Global Ratings’ Credit Research
Naperville, IL's Series 2009 GO Bonds Rated 'AAA'; Outlook Stable
Published Feb 24, 2009
Published Feb 24, 2009
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Abstract:

CHICAGO (Standard&Poor's) Feb. 24, 2009--Standard&Poor's Ratings Services has assigned its 'AAA' standard long-term rating to Naperville, Ill.'s $46.7 million series 2009 general obligation (GO) bonds. 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 participation in the deep and diverse Chicago, Ill. metropolitan statistical area economy; large, well-diversified tax base that features a substantial corporate presence; very strong income levels as measured by per capita and median household effective buying income; very strong financial position with strong managerial practices; and low overall net debt burden as a percent of market value. "We expect that the city will maintain

  
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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Naperville, IL's Series 2009 GO Bonds Rated 'AAA'; Outlook Stable" Feb 24, 2009. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Naperville-IL-s-Series-2009-GO-Bonds-Rated-AAA-Outlook-Stable-704473>
  
APA:
S&P Global Ratings’ Credit Research. (). Naperville, IL's Series 2009 GO Bonds Rated 'AAA'; Outlook Stable Feb 24, 2009. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Naperville-IL-s-Series-2009-GO-Bonds-Rated-AAA-Outlook-Stable-704473>
  
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