Research Update: Pigeon Forge, TN's Series 2025B GO Bonds Assigned 'AA' Rating - S&P Global Ratings’ Credit Research

Research Update: Pigeon Forge, TN's Series 2025B GO Bonds Assigned 'AA' Rating

Research Update: Pigeon Forge, TN's Series 2025B GO Bonds Assigned 'AA' Rating - S&P Global Ratings’ Credit Research
Research Update: Pigeon Forge, TN's Series 2025B GO Bonds Assigned 'AA' Rating
Published Apr 30, 2025
5 pages (2235 words) — Published Apr 30, 2025
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

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. The city's unlimited faith and credit secures the series 2025B bonds. Bond proceeds will be used to finance water and sewer projects as well as refund the city?s series 2010 GO bonds (federally taxable recovery zone economic development bonds) and a portion of the city?s 2014 loan agreement. The refunding of the 2010 bonds will level out debt service as well as eliminate reliance on the federal interest subsidy. The refunding of the 2014 loan will convert that portion of the loan to fixed rate from variable rate as well as accelerate

  
Brief Excerpt:

...Institutional framework (IF) 1 Individual credit profile (ICP) 2.45 Economy 4.5 Financial performance 2 Reserves and liquidity 1 Management 3.00 Debt and liabilities 1.75...

  
Report Type:

Research Update

Issuer
Pigeon Forge
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Pigeon Forge, TN's Series 2025B GO Bonds Assigned 'AA' Rating" Apr 30, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Pigeon-Forge-TN-s-Series-2025B-GO-Bonds-Assigned-AA-Rating-3361215>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Pigeon Forge, TN's Series 2025B GO Bonds Assigned 'AA' Rating Apr 30, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Pigeon-Forge-TN-s-Series-2025B-GO-Bonds-Assigned-AA-Rating-3361215>
  
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