Newport, RI GO Debt Rating Raised To 'AA+' Based On Local GO Criteria - S&P Global Ratings’ Credit Research

Newport, RI GO Debt Rating Raised To 'AA+' Based On Local GO Criteria

Newport, RI GO Debt Rating Raised To 'AA+' Based On Local GO Criteria - S&P Global Ratings’ Credit Research
Newport, RI GO Debt Rating Raised To 'AA+' Based On Local GO Criteria
Published Mar 07, 2014
888 words — Published Mar 07, 2014
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Abstract:

BOSTON (Standard&Poor's) March 7, 2014--Standard&Poor's Ratings Services raised its rating on Newport, R.I.'s general obligation (GO) debt to 'AA+' from 'AA', based on its local GO criteria released Sept. 12, 2013. "The stable outlook reflects our view of Newport's focus on maintaining strong operating flexibility," said Standard&Poor's credit analyst Victor Medeiros. A pledge of the city's full faith credit and credit secures the bonds. RELATED CRITERIA AND RESEARCH Related Criteria USPF Criteria: Local Government GO Ratings Methodology And Assumptions, Sept. 12, 2013

  
Brief Excerpt:

RESEARCH Newport, RI GO Debt Rating Raised To '##+' Based On Local GO Criteria Publication date: 07-Mar-2014 Primary Credit Analyst: Victor M Medeiros, Boston (1) 617-530-8305; victor.medeiros@standardandpoors.com Secondary Contact:...

  
Report Type:

Ratings Action

Issuer
Newport
Sector
Public Finance
Country
United States
Region
United States
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MLA:
S&P Global Ratings’ Credit Research. "Newport, RI GO Debt Rating Raised To 'AA+' Based On Local GO Criteria" Mar 07, 2014. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Newport-RI-GO-Debt-Rating-Raised-To-AA-Based-On-Local-GO-Criteria-1271246>
  
APA:
S&P Global Ratings’ Credit Research. (). Newport, RI GO Debt Rating Raised To 'AA+' Based On Local GO Criteria Mar 07, 2014. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Newport-RI-GO-Debt-Rating-Raised-To-AA-Based-On-Local-GO-Criteria-1271246>
  
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