S&P Global Ratings assigned its 'AA' long-term rating to the City of Pigeon Forge , Tenn.'s $33.6 million series 2025B general obligation (GO) bonds. The outlook is stable. CHICAGO (S&P Global Ratings) April 29, 2025--S&P Global Ratings today took the rating actions listed above. We consider social and governance factors neutral in our credit rating analysis. We think wildfire and flooding risk could create an elevated environmental factor, especially if weather volatility increases, but very strong reserves mitigate this risk. The stable two-year outlook reflects S&P Global Ratings' expectation for the city's economic stability and limited financial change because officials report ongoing economic development and healthy consumption-based tax-and-fee revenue collections. We could lower the rating if cyclicality in the tourism
