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 Mar 23, 2015
Published Mar 23, 2015
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to Huntsville, Ala.'s series 2015A, series 2015B, and series 2015C general obligation (GO) warrants. At the same time, we affirmed our 'AAA' long-term rating and underlying rating (SPUR) on the city's previously issued GO debt. The outlook is stable. The ratings reflect 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 is poised for additional military- and technology-related employment; Very strong management; Very strong budgetary flexibility; Very strong liquidity; Adequate budgetary performance; and Weak debt and contingent liability profile. The city's full faith and credit secures the warrants. Officials will use most of the proceeds

  
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Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Huntsville, Alabama; General Obligation" Mar 23, 2015. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Huntsville-Alabama-General-Obligation-1390486>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Huntsville, Alabama; General Obligation Mar 23, 2015. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Huntsville-Alabama-General-Obligation-1390486>
  
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