S&P Global Ratings assigned its 'SP-1+' short-term rating to Blaine , Minn.'s anticipated $25.6 million series 2026A taxable general obligation (GO) temporary tax abatement bonds, $55.4 million series 2026B taxable GO temporary tax abatement bonds, and $59.8 million series 2026C taxable GO temporary tax abatement bonds. At the same time, we affirmed our 'AAA' long-term rating on the city?s GO debt outstanding and our 'SP-1+' short-term rating on its temporary GO debt outstanding. The outlook is stable where applicable. The short-term rating reflects our criteria for evaluating and rating bond anticipation notes (BANs). In our view, Blaine has a very strong capacity to pay principal and interest when the BANs come due. Also in our view, the city has a
