S&P Corrects And Raises Huntsville Public Building Authority, AL Lease-Revenue Bond Rating To 'AA+' - S&P Global Ratings’ Credit Research

S&P Corrects And Raises Huntsville Public Building Authority, AL Lease-Revenue Bond Rating To 'AA+'

S&P Corrects And Raises Huntsville Public Building Authority, AL Lease-Revenue Bond Rating To 'AA+' - S&P Global Ratings’ Credit Research
S&P Corrects And Raises Huntsville Public Building Authority, AL Lease-Revenue Bond Rating To 'AA+'
Published Apr 05, 2010
960 words — Published Apr 05, 2010
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) April 5, 2010--Standard&Poor's Ratings Services corrected and raised its long-term rating and underlying rating (SPUR) on Huntsville Public Building Authority, Ala.'s series 2007 lease-revenue capital improvement and refunding bonds, issued for the Municipal Justice and Public Safety Center, and series 2002 lease-revenue bonds, issued for the Municipal Justice and Public Safety Center, to 'AA+' from 'AA'. The outlook is stable. The rating on Huntsville, Ala.'s general obligation (GO) debt is 'AAA', with a stable outlook. Based on Standard&Poor's criteria for appropriation-backed obligations, the rating on the series 2007 and 2002 bonds is one notch lower than the city's GO rating. On Jan. 27, 2009, Standard&Poor's raised the rating on

  
Brief Excerpt:

RESEARCH S&P Corrects And Raises Huntsville Public Building Authority, AL Lease-Revenue Bond Rating To '##+' Publication date: 05-Apr-2010 Primary Credit Analyst: Edward R McGlade, New York (1) 212-438-2061; edward_mcglade@standardandpoors.com...

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
HTML HTML
Buy Now

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. "S&P Corrects And Raises Huntsville Public Building Authority, AL Lease-Revenue Bond Rating To 'AA+'" Apr 05, 2010. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-And-Raises-Huntsville-Public-Building-Authority-AL-Lease-Revenue-Bond-Rating-To-AA-787168>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects And Raises Huntsville Public Building Authority, AL Lease-Revenue Bond Rating To 'AA+' Apr 05, 2010. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-And-Raises-Huntsville-Public-Building-Authority-AL-Lease-Revenue-Bond-Rating-To-AA-787168>
  
US$ 150.00
$  £  
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.