South Correctional Entity Facility Public Development Authority, Washington; General Obligation - S&P Global Ratings’ Credit Research

South Correctional Entity Facility Public Development Authority, Washington; General Obligation

South Correctional Entity Facility Public Development Authority, Washington; General Obligation - S&P Global Ratings’ Credit Research
South Correctional Entity Facility Public Development Authority, Washington; General Obligation
Published Oct 05, 2009
Published Oct 05, 2009
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Abstract:

Standard&Poor's Ratings Services assigned its 'AA' long-term rating, with a stable outlook, to South Correctional Entity Facility Public Development Authority, Wash.'s series 2009A bonds and 2009B Build America Bonds (BABs). In addition, Standard&Poor's affirmed its 'AA+' long-term rating on the City of SeaTac, Wash.'s outstanding general obligation (GO) bonds, series 1998, and affirmed its 'AA' rating on the City of Renton, Wash.'s outstanding GO bonds, series 1997 and 2001, 2002, and 2006. The rating reflects our opinion of: A several limited-tax general obligation of six owner cities, which have individually pledged to make their allocated portion of debt service payments; GO credit profiles of at least 'AA' among the owner cities; and The obligation to make

  
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Full Report

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "South Correctional Entity Facility Public Development Authority, Washington; General Obligation" Oct 05, 2009. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/South-Correctional-Entity-Facility-Public-Development-Authority-Washington-General-Obligation-750281>
  
APA:
S&P Global Ratings’ Credit Research. (). South Correctional Entity Facility Public Development Authority, Washington; General Obligation Oct 05, 2009. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/South-Correctional-Entity-Facility-Public-Development-Authority-Washington-General-Obligation-750281>
  
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