Home Credit Ratings and Research S&P Global Ratings’ Credit Research District of Columbia

Summary: District of Columbia; Appropriations; General Obligation

Published Nov 15, 2012

1515 words — Published Nov 15, 2012

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Abstract:

Standard&Poor's Ratings Services raised its rating to 'A+' with a stable outlook on the District of Columbia's general obligation (GO) series 2008A bonds to reflect the creditworthiness of the district. The previous rating was based on the short- and long-term ratings on the bank facility. At the same time, Standard&Poor's assigned its 'A+' rating to the district's series 2008D GO bonds and affirmed its 'A+' rating and underlying rating (SPUR) on the district's existing GO debt and its 'A' rating and SPUR on the district's existing certificates of participation (COPs). The 'A+' rating reflects our assessment of: The district's role as the nation's capital and as a regional employment center that is anchored by the federal

Brief Excerpt:

RESEARCH Summary: District of Columbia; Appropriations; General Obligation Publication date: 15-Nov-2012 Primary Credit Analyst: Le T Quach, New York (1) 212-438-5544; le_quach@standardandpoors.com Secondary Contacts: Karl Jacob,...

Report Type:

Summary

Issuer

District of Columbia

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Summary: District of Columbia; Appropriations; General Obligation" Nov 15, 2012. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-Appropriations-General-Obligation-1035114>

APA:	S&P Global Ratings’ Credit Research. (). Summary: District of Columbia; Appropriations; General Obligation Nov 15, 2012. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-Appropriations-General-Obligation-1035114>

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