Nashville&Davidson County Metropolitan Government, TN 2014 ECP, GO Notes Rated 'A-1+' - S&P Global Ratings’ Credit Research

Nashville&Davidson County Metropolitan Government, TN 2014 ECP, GO Notes Rated 'A-1+'

Nashville&Davidson County Metropolitan Government, TN 2014 ECP, GO Notes Rated 'A-1+' - S&P Global Ratings’ Credit Research
Nashville&Davidson County Metropolitan Government, TN 2014 ECP, GO Notes Rated 'A-1+'
Published May 22, 2014
Published May 22, 2014
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Abstract:

DALLAS (Standard&Poor's) May 22, 2014--Standard&Poor's Ratings Services said today it assigned its 'A-1+' short-term rating to the following note issues from the Nashville&Davidson County Metropolitan Government (Metro), Tenn.: Series 2014 general obligation (GO) extendable commercial paper (ECP) notes. Series A-1 general obligation (GO) commercial paper (CP) bond anticipation notes, and Series A-2 GO CP bond anticipation notes. "The 'A-1+' rating is based on our view of the city's strong general creditworthiness (AA/Stable GO debt rating)," said Standard&Poor's credit analyst Russell Bryce. The ECP constitutes bond anticipation notes and are direct GO obligations of Metro, secured by the government's unlimited ad valorem taxing power. The series A-1 and A-2 notes are direct GO

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Nashville&Davidson County Metropolitan Government, TN 2014 ECP, GO Notes Rated 'A-1+'" May 22, 2014. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Nashville-Davidson-County-Metropolitan-Government-TN-2014-ECP-GO-Notes-Rated-A-1-1320986>
  
APA:
S&P Global Ratings’ Credit Research. (). Nashville&Davidson County Metropolitan Government, TN 2014 ECP, GO Notes Rated 'A-1+' May 22, 2014. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Nashville-Davidson-County-Metropolitan-Government-TN-2014-ECP-GO-Notes-Rated-A-1-1320986>
  
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