Summary: Indianapolis The Indianapolis Local Public Improvement Bond Bank; General Obligation; General Obligation Equivalent Security; Moral Obligation

S&P Global Ratings revised the outlook to positive from stable on the City of Indianapolis' previously issued bonds. At the same time, S&P Global Ratings also affirmed its 'AA+' long-term rating on all previously rated ad valorem property tax debt levied within the Indianapolis-Marion County consolidated city-county jurisdiction and affirmed its 'AA-' long-term rating on the previously rated obligations ultimately supported by the city's moral obligation pledge. At the same time, S&P Global Ratings assigned its 'AA-' long-term rating to the Indianapolis Local Public Improvement Bond Bank's $122.55 million series 2022B. The bonds are being issued on behalf of Indianapolis. The 'AA-' rating reflects the city's moral obligation pledge. The outlook on the 2022B bonds is also positive. The positive

...S&P Global Ratings revised the outlook to positive from stable on the City of Indianapolis' previously issued bonds. At the same time, S&P Global Ratings also affirmed its '##+' long-term rating on all previously rated ad valorem property tax debt levied within the Indianapolis-Marion County consolidated city-county jurisdiction and affirmed its '##-' long-term rating on the previously rated obligations ultimately supported by the city's moral obligation pledge. At the same time, S&P Global Ratings assigned its '##-' long-term rating to the Indianapolis Local Public Improvement Bond Bank's $122.55 million series 2022B. The bonds are being issued on behalf of Indianapolis. The '##-' rating reflects the city's moral obligation pledge. The outlook on the 2022B bonds is also positive. The positive outlook reflects our view of the city's strong management and improving economic metrics over time, which are contributing to consistent strengthening of the financial profile. If the city sustains...

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