Summary: Cuyahoga County, Ohio; Appropriations; General Obligation - S&P Global Ratings’ Credit Research

Summary: Cuyahoga County, Ohio; Appropriations; General Obligation

Summary: Cuyahoga County, Ohio; Appropriations; General Obligation - S&P Global Ratings’ Credit Research
Summary: Cuyahoga County, Ohio; Appropriations; General Obligation
Published May 16, 2014
Published May 16, 2014
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services assigned its 'AA-' rating to Cuyahoga County, Ohio's series 2014 certificates of participation (Convention Hotel Project). We also affirmed our 'AA' long-term ratings on the county's general obligation (GO) debt and our 'AA-' long-term ratings on the nontax- and appropriation-secured bonds issued either by or for Cuyahoga County. The outlook is stable for all ratings. The series 2014 certificates will be sold to finance the construction of a convention headquarters hotel adjacent to the Cleveland Convention Center and Global Center for Health Innovation. Cuyahoga County's appropriation pledge secures the series 2014 certificates. Cuyahoga County will make base rent payments in amounts sufficient to pay principal and interest on the series 2014 certificates to the Cleveland-Cuyahoga

  
Report Type:

Summary

Issuer
Cuyahoga Cnty
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Cuyahoga County, Ohio; Appropriations; General Obligation" May 16, 2014. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cuyahoga-County-Ohio-Appropriations-General-Obligation-1319373>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Cuyahoga County, Ohio; Appropriations; General Obligation May 16, 2014. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cuyahoga-County-Ohio-Appropriations-General-Obligation-1319373>
  
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