S&P Global Ratings assigned its 'AA-' long-term rating to the city of Semmes, Ala.'s estimated $5.5 million series 2025-A general obligation (GO) warrants, $3 million series 2025-B federally taxable GO warrants, and $2.8 million series 2025-C GO warrants. S&P Global Ratings also affirmed its ?AA-? long-term rating on the city?s series 2021 GO warrants. The outlook is stable. DALLAS (S&P Global Ratings) Oct. 17, 2025--S&P Global Ratings today took the rating actions listed above. The city's social and governance factors are neutral in our credit rating analysis. However, given its location close to the coast, the city's physical risk is moderately negative in our view due to its exposure to potential damage from severe weather events. The city collaborates with
