Outlooks On Three Japanese Local And Regional Governments Revised To Positive Following Sovereign Action - S&P Global Ratings’ Credit Research

Outlooks On Three Japanese Local And Regional Governments Revised To Positive Following Sovereign Action

Outlooks On Three Japanese Local And Regional Governments Revised To Positive Following Sovereign Action - S&P Global Ratings’ Credit Research
Outlooks On Three Japanese Local And Regional Governments Revised To Positive Following Sovereign Action
Published Apr 16, 2018
4 pages (1590 words) — Published Apr 16, 2018
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings reviewed its long-term issuer credit ratings on TMG, Aichi, and Osaka following the revision to positive from stable of the outlook on the sovereign rating on Japan. We are revising to positive from stable our outlooks on the long-term issuer credit ratings on TMG, Aichi, and Osaka. We are affirming our issuer credit ratings on the three LRGs. We do not believe the ratings on TMG, Aichi, and Osaka will exceed the sovereign ratings on Japan because we think the creditworthiness of Japanese local and regional governments would be strongly affected under a stress scenario in which the sovereign defaults. TOKYO (S&P Global Ratings) April 16, 2018--S&P Global Ratings today said it has revised to positive from

  
Brief Excerpt:

...+ S&P Global Ratings reviewed its long-term issuer credit ratings on TMG, Aichi, and Osaka following the revision to positive from stable of the outlook on the sovereign rating on Japan. + We are revising to positive from stable our outlooks on the long-term issuer credit ratings on TMG, Aichi, and Osaka. We are affirming our issuer credit ratings on the three LRGs. + We do not believe the ratings on TMG, Aichi, and Osaka will exceed the sovereign ratings on Japan because we think the creditworthiness of Japanese local and regional governments would be strongly affected under a stress scenario in which the sovereign defaults. TOKYO (S&P Global Ratings) April 16, 2018--S&P Global Ratings today said it has revised to positive from stable the outlooks on its long-term issuer credit ratings on Tokyo Metropolitan Government (TMG), Prefecture of Aichi (Aichi), and City of Osaka (Osaka). At the same time, we affirmed the 'A+' long-term issuer credit ratings on the three local and regional governments...

  
Report Type:

Ratings Action

Ticker
1181Z
Issuer
Tokyo Metropolitan Government
Sector
Global Issuers
Country
Japan
Region
Asia
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Outlooks On Three Japanese Local And Regional Governments Revised To Positive Following Sovereign Action" Apr 16, 2018. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Outlooks-On-Three-Japanese-Local-And-Regional-Governments-Revised-To-Positive-Following-Sovereign-Action-2021504>
  
APA:
S&P Global Ratings’ Credit Research. (). Outlooks On Three Japanese Local And Regional Governments Revised To Positive Following Sovereign Action Apr 16, 2018. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Outlooks-On-Three-Japanese-Local-And-Regional-Governments-Revised-To-Positive-Following-Sovereign-Action-2021504>
  
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