S&P Global Ratings assigned its'A-'long-term rating to North Platte , Nebraska's estimated $22.88 million series 2026D combined utilities revenue bonds. At the same time, we affirmed our'A-'underlying rating on the city’s parity combined utilities revenue bonds. The outlook is stable. The bonds are secured by net revenue of the combined utility funds. The combined utilities consist of the electric, water, wastewater, and industrial wastewater systems. As of fiscal year 2026 (ended Sept. 30), the city had approximately $60 million of combined utility revenue bonds outstanding. Bond provisions include rate and additional bonds test covenants of 1.25x. Proceeds for the series 2026D will be used for construction of an industrial wastewater treatment plant and to finance a
