...February 28, 2020 SAN FRANCISCO (S&P Global Ratings) Feb. 28, 2020--S&P Global Ratings assigned its '##+' long-term rating to the City of Omaha Public Facilities Corp., Neb.'s series 2020A lease revenue and refunding bonds, issues for the City of Omaha. At the same time, we affirmed our: - '##+' long-term rating on Omaha Parking Facilities Corp.'s and Omaha Public Facilities Corp.'s existing lease revenue bonds, supported by the city of Omaha; - '##+' rating on the city's existing general obligation (GO) and special tax revenue bonds; and - '##+' rating on the Omaha-Douglas Public Building Commission's debt outstanding. The outlook on all ratings is stable. "Benefiting from its position as Nebraska's largest city and a regional center in the Midwest, Omaha's local economy has experienced sizable tax base growth in recent years, which has complemented its robust and diverse employment base, as demonstrated by unemployment rates typically below national averages," said S&P Global Ratings...
