Summary: Cincinnati, Ohio; General Obligation; Miscellaneous Tax

S&P Global Ratings assigned its 'AA' long-term rating to Cincinnati, Ohio's various purpose series 2017A general obligation (GO) improvement and refunding bonds and the various purpose series 2017B GO refunding bonds. At the same time, we affirmed our 'AA' long-term rating on the city's outstanding GO debt and affirmed our 'AA-' rating on the city's series 2016F economic development revenue (nontax revenue) bonds and 2016G economic development revenue (nontax revenue) refunding bonds. The outlook is stable. The bonds are secured by the city's full-faith-credit-and-resources and an agreement to levy ad valorem property taxes without limit to rate or amount. It is our understanding that the bond proceeds for the series 2017A will be used to finance general capital projects in

...S&P Global Ratings assigned its '##' long-term rating to Cincinnati, Ohio's various purpose series 2017A general obligation (GO) improvement and refunding bonds and the various purpose series 2017B GO refunding bonds. At the same time, we affirmed our '##' long-term rating on the city's outstanding GO debt and affirmed our '##-' rating on the city's series 2016F economic development revenue (nontax revenue) bonds and 2016G economic development revenue (nontax revenue) refunding bonds. The outlook is stable. The bonds are secured by the city's full-faith-credit-and-resources and an agreement to levy ad valorem property taxes without limit to rate or amount. It is our understanding that the bond proceeds for the series 2017A will be used to finance general capital projects in the city and refinance various series of bonds for interest cost savings. It is our understanding that the bond proceeds for the series 2017B will be used to refinance various series of bonds for interest cost savings...

Summary