S&P Rates Naperville, Ill.'s G.O. Bonds AAA;Afms Rtg - S&P Global Ratings’ Credit Research

S&P Rates Naperville, Ill.'s G.O. Bonds AAA;Afms Rtg

S&P Rates Naperville, Ill.'s G.O. Bonds AAA;Afms Rtg - S&P Global Ratings’ Credit Research
S&P Rates Naperville, Ill.'s G.O. Bonds AAA;Afms Rtg
Published Mar 18, 1998
Published Mar 18, 1998
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Abstract:

NY -- Standard&Poor's CreditWire 3/18/98 -- Standard&Poor's today assigned its triple-'A' rating to Naperville, Ill.'s G.O. bonds series 1998 dated April, 1, 1998 due Dec. 1, 1999-2012. Additionally, Standard&Poor's affirmed its triple-'A' rating on the city's outstanding G.O. bonds. The rating reflects: -- A large, well-diversified, and steadily growing tax base; -- Very high wealth indicators reflecting the high-tech employment base as well as the city's convenient highway and rail access to employment in the greater Chicago-area; -- Extremely strong fiscal management and excellent financial performance; and -- Above-average debt levels that are manageable given the city's wealth levels and tax base growth. Naperville is located about 30 miles west of Chicago. Population, estimated

  
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Ratings Action

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Global Issuers, Public Finance
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Region
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MLA:
S&P Global Ratings’ Credit Research. "S&P Rates Naperville, Ill.'s G.O. Bonds AAA;Afms Rtg" Mar 18, 1998. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Naperville-Ill-s-G-O-Bonds-AAA-Afms-Rtg-42605>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rates Naperville, Ill.'s G.O. Bonds AAA;Afms Rtg Mar 18, 1998. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Naperville-Ill-s-G-O-Bonds-AAA-Afms-Rtg-42605>
  
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