Nashville&Davidson County Metropolitan Government, TN $764.4 Million GO Improvement Bonds Assigned 'AA+' Rating

TORONTO (S&P Global Ratings) Oct. 2, 2024--S&P Global Ratings assigned its 'AA+' rating to the Nashville&Davidson County Metropolitan Government (Metro), Tenn.'s: $254.9 million series 2024A general obligation (GO) improvement bonds, $198.2 million series 2024B GO improvement bonds, and $311.3 million series 2024C GO improvement bonds based on the application of its "Methodology for Rating U.S. Governments," criteria, published Sept. 9, 2024, on RatingsDirect. At the same time, we affirmed our 'AA+' rating on Metro's GO and nontax revenue debt outstanding and on the Sports Authority of the Metropolitan Government of Nashville and Davidson County's (the Sports Authority) outstanding stadium project revenue bonds. The outlook is stable. "The 'AA+' long-term rating reflects our view of Nashville's growing economy, strong

...October 2, 2024 TORONTO (S&P Global Ratings) Oct. 2, 2024--S&P Global Ratings assigned its '##+' rating to the Nashville & Davidson County Metropolitan Government (Metro), Tenn.'s: - $254.9 million series 2024A general obligation (GO) improvement bonds, - $198.2 million series 2024B GO improvement bonds, and - $311.3 million series 2024C GO improvement bonds based on the application of its "Methodology for Rating U.S. Governments," criteria, published Sept. 9, 2024, on RatingsDirect. At the same time, we affirmed our '##+' rating on Metro's GO and nontax revenue debt outstanding and on the Sports Authority of the Metropolitan Government of Nashville and Davidson County's (the Sports Authority) outstanding stadium project revenue bonds. The outlook is stable. "The '##+' long-term rating reflects our view of Nashville's growing economy, strong financial position, and proactive management team," said S&P Global Ratings credit analyst Bobby Otter. "The rating further reflects our view of the...

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