Seattle Solid Waste System Bond Rating Affirmed At ?AA+? And Removed From CreditWatch; Outlook Is Stable - S&P Global Ratings’ Credit Research

Seattle Solid Waste System Bond Rating Affirmed At ?AA+? And Removed From CreditWatch; Outlook Is Stable

Seattle Solid Waste System Bond Rating Affirmed At ?AA+? And Removed From CreditWatch; Outlook Is Stable - S&P Global Ratings’ Credit Research
Seattle Solid Waste System Bond Rating Affirmed At ?AA+? And Removed From CreditWatch; Outlook Is Stable
Published Dec 16, 2020
3 pages (1625 words) — Published Dec 16, 2020
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Abstract:

CENTENNIAL (S&P Global Ratings) Dec. 16, 2020--S&P Global Ratings removed its long-term rating on Seattle, Wash.'s solid waste system improvement and refunding bonds from CreditWatch, where it had been placed with positive implications on Nov. 16, 2020, and affirmed the rating at 'AA+'. The outlook is stable. "The rating action reflects our determination that the model error described in our report, published Nov. 16, 2020, on RatingsDirect, did not impact the solid waste system's enterprise risk profile score, given that the economy score was already at our highest assessment," said S&P Global Ratings credit analyst Alexandra Rozgonyi. "The rating continues to be supported by an extremely strong risk profile and very strong enterprise risk profile score." We view the bond

  
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Ratings Action

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Global Issuers, Public Finance
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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.

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MLA:
S&P Global Ratings’ Credit Research. "Seattle Solid Waste System Bond Rating Affirmed At ?AA+? And Removed From CreditWatch; Outlook Is Stable" Dec 16, 2020. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Seattle-Solid-Waste-System-Bond-Rating-Affirmed-At-AA-And-Removed-From-CreditWatch-Outlook-Is-Stable-2571928>
  
APA:
S&P Global Ratings’ Credit Research. (). Seattle Solid Waste System Bond Rating Affirmed At ?AA+? And Removed From CreditWatch; Outlook Is Stable Dec 16, 2020. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Seattle-Solid-Waste-System-Bond-Rating-Affirmed-At-AA-And-Removed-From-CreditWatch-Outlook-Is-Stable-2571928>
  
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