Summary: Hopkinton, MA; Tax Secured, General Obligation - S&P Global Ratings’ Credit Research

Summary: Hopkinton, MA; Tax Secured, General Obligation

Summary: Hopkinton, MA; Tax Secured, General Obligation - S&P Global Ratings’ Credit Research
Summary: Hopkinton, MA; Tax Secured, General Obligation
Published Dec 02, 2002
827 words — Published Dec 02, 2002
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The 'AA' rating on Hopkinton, Mass.' GO bonds reflects the town's: Diverse and growing local economic base, complementing its access to the strong Boston metropolitan economy; Strong financial policies and prudent financial operations; Favorable debt position; and Above-average wealth and income indicators and rising property values. The bonds are secured by the town's full faith and credit general obligation pledge. Hopkinton (population 13,346) is located 26 miles west of Boston, near the intersection of two key interstate highways, Interstate 495 and the Massachusetts Turnpike. This strong highway infrastructure provides residents with easy access to a number of employment centers, including Boston and suburban high-tech corridors. EMC Inc., a supplier of information storage technology, is the town's leading employer, with 2,800

  
Brief Excerpt:

RESEARCH Summary: Hopkinton, MA; Tax Secured, General Obligation Publication date: 02-Dec-2002 Credit Profile $2.7 mil muni debt muni issue due 2010 ## Sale date: 03-DEC-2002 AFFIRMED $23.084 mil. Hopkinton ## $24.902 mil. Hopkinton...

  
Report Type:

Summary

Issuer
Sector
Public Finance
Country
Region
Format:
HTML HTML
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Hopkinton, MA; Tax Secured, General Obligation" Dec 02, 2002. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hopkinton-MA-Tax-Secured-General-Obligation-278607>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Hopkinton, MA; Tax Secured, General Obligation Dec 02, 2002. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hopkinton-MA-Tax-Secured-General-Obligation-278607>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.