S&P Global Ratings assigned its'AA+'long-term rating to the City of Charlotte , N.C.'s approximately $137.655 million series 2026B taxable certificates of participation (COPs; government facilities and equipment). At the same time, we affirmed our'AAA'long-term rating on Charlotte's general obligation (GO) debt outstanding and our'AA+'long-term rating on the city's appropriation debt outstanding. The outlook is stable. Installment purchase payments to the New Charlotte Corp., subject to budgeted appropriations, secure the 2026 COPs. The corporation assigns all right, title, and interest in the installment purchase payments to the trustee for payment of debt service on the certificates. Based on the application of our criteria,"Issue Credit Ratings Linked To U.S. Public Finance Obligors'Creditworthiness ,"
