Portsmouth, NH's Series 2025 GO Bonds Assigned 'AAA' Rating; GO BANs Rated 'SP-1+' - S&P Global Ratings’ Credit Research

Portsmouth, NH's Series 2025 GO Bonds Assigned 'AAA' Rating; GO BANs Rated 'SP-1+'

Portsmouth, NH's Series 2025 GO Bonds Assigned 'AAA' Rating; GO BANs Rated 'SP-1+' - S&P Global Ratings’ Credit Research
Portsmouth, NH's Series 2025 GO Bonds Assigned 'AAA' Rating; GO BANs Rated 'SP-1+'
Published May 16, 2025
Published May 16, 2025
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Abstract:

S&P Global Ratings assigned its 'AAA' long-term rating to the City of Portsmouth , N.H.'s approximately $25.3 million series 2025 general obligation (GO) bonds. S&P Global Ratings also assigned its 'SP-1+' short-term rating to the city's approximately $7.1 million series 2025 GO bond anticipation notes (BANs), maturing June 18, 2026. In addition, S&P Global Ratings affirmed its 'AAA' long-term rating on Portsmouth's existing GO debt and its 'SP-1+' short-term rating on the city's existing BANs. The outlook on the long-term ratings is stable. We based our long-term GO rating on Portsmouth on the application of our " Methodology For Rating U.S. Governments ," published Sept. 9, 2024. MANCHESTER (S&P Global Ratings) May 16, 2025--S&P Global Ratings today took the rating

  
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MLA:
S&P Global Ratings’ Credit Research. "Portsmouth, NH's Series 2025 GO Bonds Assigned 'AAA' Rating; GO BANs Rated 'SP-1+'" May 16, 2025. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Portsmouth-NH-s-Series-2025-GO-Bonds-Assigned-AAA-Rating-GO-BANs-Rated-SP-1-3371053>
  
APA:
S&P Global Ratings’ Credit Research. (). Portsmouth, NH's Series 2025 GO Bonds Assigned 'AAA' Rating; GO BANs Rated 'SP-1+' May 16, 2025. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Portsmouth-NH-s-Series-2025-GO-Bonds-Assigned-AAA-Rating-GO-BANs-Rated-SP-1-3371053>
  
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