Summary: Bay County, Michigan; General Obligation - S&P Global Ratings’ Credit Research

Summary: Bay County, Michigan; General Obligation

Summary: Bay County, Michigan; General Obligation - S&P Global Ratings’ Credit Research
Summary: Bay County, Michigan; General Obligation
Published Feb 14, 2020
Published Feb 14, 2020
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Abstract:

S&P Global Ratings placed its 'AA' rating on Bay County, Mich.'s outstanding GO debt on Credit Watch with negative implications while we assess the trajectory of the county's financial position. In order to perform this assessment, we need to receive updated information from the county specifically regarding its financial position. The CreditWatch placement reflects our view that without receipt of sufficient information we will likely downgrade or withdraw the rating due to our deteriorated view of management and our inability to assess the trajectory of the county's credit quality going forward, particularly any challenges they may be facing and how they plan to respond. In this review of the county, we determined that we had sufficient financial information to affirm

  
Report Type:

Summary

Issuer
Sector
Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Bay County, Michigan; General Obligation" Feb 14, 2020. Alacra Store. Jan 28, 2022. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Bay-County-Michigan-General-Obligation-2383618>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Bay County, Michigan; General Obligation Feb 14, 2020. New York, NY: Alacra Store. Retrieved Jan 28, 2022 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Bay-County-Michigan-General-Obligation-2383618>
  
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