Summary: Minneapolis, Minnesota; General Obligation - S&P Global Ratings’ Credit Research

Summary: Minneapolis, Minnesota; General Obligation

Summary: Minneapolis, Minnesota; General Obligation - S&P Global Ratings’ Credit Research
Summary: Minneapolis, Minnesota; General Obligation
Published Nov 14, 2013
2206 words — Published Nov 14, 2013
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA' long-term rating to Minneapolis, Minn.'s series 2013 general obligation (GO) improvement bonds, series 2013 GO library referendum refunding bonds, series 2013 GO various-purpose bonds, series 2013 taxable GO housing improvement area bonds, and series 2013 taxable GO various-purpose park bonds. We also affirmed our 'AAA' long-term rating on the city's previously issued GO debt, based on the application of our recently released local GO criteria. The outlook is stable. The city's unlimited-tax GO pledge secures the bonds. The GO improvement bonds also are payable from special assessments. The GO housing improvement area bonds also are payable from special assessments and a debt service reserve established with bond proceeds. The GO various-purpose park

  
Brief Excerpt:

RESEARCH Summary: Minneapolis, Minnesota; General Obligation Publication date: 14-Nov-2013 Primary Credit Analyst: Jennifer Boyd, Chicago (1) 312-233-7040; jennifer.boyd@standardandpoors.com Secondary Contact: Caroline E West, Chicago...

  
Report Type:

Summary

Ticker
MINMED
Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Minneapolis, Minnesota; General Obligation" Nov 14, 2013. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minneapolis-Minnesota-General-Obligation-1216908>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Minneapolis, Minnesota; General Obligation Nov 14, 2013. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minneapolis-Minnesota-General-Obligation-1216908>
  
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