Summary: Cleveland, Ohio; Water/Sewer - S&P Global Ratings’ Credit Research

Summary: Cleveland, Ohio; Water/Sewer

Summary: Cleveland, Ohio; Water/Sewer - S&P Global Ratings’ Credit Research
Summary: Cleveland, Ohio; Water/Sewer
Published Mar 24, 2016
6 pages (2496 words) — Published Mar 24, 2016
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services assigned its 'A+' rating to Cleveland, Ohio's series 2016 water pollution control (WPC) revenue bonds. The outlook is stable. The primary factors for the revenue bond rating are the following: An adequate enterprise risk profile, which is generally supported by a broad and diverse economic base and a strong operational management assessment, in our view. Upward mobility in the enterprise risk profile is currently limited by underlying economic indicators for both Cuyahoga County and the city of Cleveland that we view as weak for the rating level. Notably, the county's GDP growth rate is currently more than 1% lower than the national rate, Cuyahoga County's poverty rate hovers around 20%, and Cleveland's median household effective

  
Brief Excerpt:

...Standard & Poor's Ratings Services assigned its 'A+' rating to Cleveland, Ohio's series 2016 water pollution control (WPC) revenue bonds. The outlook is stable. The primary factors for the revenue bond rating are the following:...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Cleveland, Ohio; Water/Sewer" Mar 24, 2016. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cleveland-Ohio-Water-Sewer-1603681>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Cleveland, Ohio; Water/Sewer Mar 24, 2016. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cleveland-Ohio-Water-Sewer-1603681>
  
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