Research Update: Polk County, IA's $244.2 Million GO Debt Assigned 'AAA' Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research

Research Update: Polk County, IA's $244.2 Million GO Debt Assigned 'AAA' Rating; Outlook Is Stable

Research Update: Polk County, IA's $244.2 Million GO Debt Assigned 'AAA' Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research
Research Update: Polk County, IA's $244.2 Million GO Debt Assigned 'AAA' Rating; Outlook Is Stable
Published May 07, 2025
Published May 07, 2025
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AAA' long-term rating to  Polk County , Iowa's anticipated $167.3 million series 2025A general obligation (GO) capital loan notes, $63.6 million series 2025B GO capital loan notes, $9.7 million series 2025C GO bonds, and $3.6 million series 2025D GO bonds. At the same time, S&P Global Ratings affirmed its 'AAA' long-term rating on the county's GO debt outstanding. The outlook is stable. The rating reflects the application of our  " Methodology For Rating U.S. Governments ," published Sept. 9, 2024, on RatingsDirect. Revenue from the county's unlimited ad valorem property tax secures its GO debt. The county will loan series 2025A and 2025B bond proceeds to the Des Moines Airport Authority to fund a portion

  
Report Type:

Research Update

Issuer
Sector
Public Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Polk County, IA's $244.2 Million GO Debt Assigned 'AAA' Rating; Outlook Is Stable" May 07, 2025. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Polk-County-IA-s-244-2-Million-GO-Debt-Assigned-AAA-Rating-Outlook-Is-Stable-3365422>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Polk County, IA's $244.2 Million GO Debt Assigned 'AAA' Rating; Outlook Is Stable May 07, 2025. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Polk-County-IA-s-244-2-Million-GO-Debt-Assigned-AAA-Rating-Outlook-Is-Stable-3365422>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.