Sioux City,IA $10M GO Bonds Rated 'AA-'; Outlook Stable - S&P Global Ratings’ Credit Research

Sioux City,IA $10M GO Bonds Rated 'AA-'; Outlook Stable

Sioux City,IA $10M GO Bonds Rated 'AA-'; Outlook Stable - S&P Global Ratings’ Credit Research
Sioux City,IA $10M GO Bonds Rated 'AA-'; Outlook Stable
Published Nov 19, 1999
Published Nov 19, 1999
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Abstract:

CHICAGO (Standard&Poor's CreditWire) Nov. 19, 1999--Standard&Poor's today assigned its double-'A'-minus rating Sioux City, Iowa's $10 million GO bonds series 1999 dated Dec. 1, 1999, due June 1, 2001-2012. In addition, Standard&Poor's affirmed its double-'A'-minus rating on the city's $62.37 million outstanding GO bonds, as well as its double-'A'-minus underlying rating (SPUR) on the $9.98 million GO bonds. The outlook is stable. The rating reflects: -- A regional economy with strong links to the agricultural sector, -- A sound financial position, and -- Moderate debt. Sioux City is a regional trade center for west-central Iowa and portions of South Dakota and Nebraska. The agricultural sector is centered predominantly in meat processing, with IBP Inc. (headquarters

  
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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Sioux City,IA $10M GO Bonds Rated 'AA-'; Outlook Stable" Nov 19, 1999. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Sioux-City-IA-10M-GO-Bonds-Rated-AA-Outlook-Stable-132379>
  
APA:
S&P Global Ratings’ Credit Research. (). Sioux City,IA $10M GO Bonds Rated 'AA-'; Outlook Stable Nov 19, 1999. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Sioux-City-IA-10M-GO-Bonds-Rated-AA-Outlook-Stable-132379>
  
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