S&P Global Ratings assigned its ?SP-1+? short-term rating to Needham , Mass.' $11.13 million series 2025 general obligation (GO) bond anticipation notes (BANs). At the same time, we affirmed our 'AAA' long-term rating on the town's existing GO debt. The outlook on the long-term rating is stable. The rating on the town?s GO debt reflects the application of our ? Methodology for Rating US Governments ? criteria, published Sept 9, 2024, on RatingsDirect. BOSTON (S&P Global Ratings) May 14, 2025—S&P Global Ratings today took the rating actions listed above. We assessed the town's environmental, social, and governance factors relative to its economy, management, financial measures, and debt and liability profile, and determined them to be neutral in our credit analysis.
