Summary: Huntsville, Alabama; General Obligation - S&P Global Ratings’ Credit Research

Summary: Huntsville, Alabama; General Obligation

Summary: Huntsville, Alabama; General Obligation - S&P Global Ratings’ Credit Research
Summary: Huntsville, Alabama; General Obligation
Published Oct 29, 2013
1982 words — Published Oct 29, 2013
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA' rating to Huntsville, Ala.'s series 2013C general obligation (GO) school warrants and the city's series 2013D GO warrants. At the same time, we affirmed our 'AAA' rating on the city's existing GO debt. The outlook on all the ratings is stable. The rating reflects our recently released local GO criteria and our opinion of the city's: Very strong economic profile with a growing service area economy that, despite the recession, has continued to expand and that is poised for additional military- and technology-related employment; Very strong budget flexibility; Adequate budgetary performance; Very strong management; Very strong liquidity; and Weak debt and contingent liability profile. The city's full-faith-and-credit pledge secures the warrants. Officials

  
Brief Excerpt:

RESEARCH Summary: Huntsville, Alabama; General Obligation Publication date: 29-Oct-2013 Primary Credit Analyst: Brian J Marshall, Dallas (1) 214-871-1414; brian.marshall@standardandpoors.com Secondary Contact: Jennifer K Garza (Mann),...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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S&P Global Ratings’ Credit Research. "Summary: Huntsville, Alabama; General Obligation" Oct 29, 2013. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Huntsville-Alabama-General-Obligation-1208607>
  
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S&P Global Ratings’ Credit Research. (). Summary: Huntsville, Alabama; General Obligation Oct 29, 2013. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Huntsville-Alabama-General-Obligation-1208607>
  
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