Summary: Nashville&Davidson County Metropolitan Government, Tennessee; Appropriations; General Obligation; Miscellaneous Tax - S&P Global Ratings’ Credit Research

Summary: Nashville&Davidson County Metropolitan Government, Tennessee; Appropriations; General Obligation; Miscellaneous Tax

Summary: Nashville&Davidson County Metropolitan Government, Tennessee; Appropriations; General Obligation; Miscellaneous Tax - S&P Global Ratings’ Credit Research
Summary: Nashville&Davidson County Metropolitan Government, Tennessee; Appropriations; General Obligation; Miscellaneous Tax
Published Oct 02, 2024
10 pages (4101 words) — Published Oct 02, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+' rating to the Nashville and Davidson County Metropolitan Government (Metro), Tenn.'s $254.9 million series 2024A general obligation (GO) improvement bonds, $198.2 million series 2024B GO improvement bonds, and $311.3 million series 2024C GO improvement bonds based on the application of its "Methodology for Rating U.S. Governments," criteria, published Sept. 9, 2024, on RatingsDirect. At the same time, we affirmed our 'AA+' rating on Metro's GO and nontax revenue debt outstanding. Finally, we affirmed our 'AA+' long-term rating on the Nashville&Davidson County Metropolitan Government Sports Authority's (the Sports Authority) outstanding stadium project revenue bonds. The outlook is stable. The series 2024A, 2024B, and 2024C GO improvement bonds are backed by Metro's full faith

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' rating to the Nashville and Davidson County Metropolitan Government (Metro), Tenn.'s $254.9 million series 2024A general obligation (GO) improvement bonds, $198.2 million series 2024B GO improvement bonds, and $311.3 million series 2024C GO improvement bonds based on the application of its "Methodology for Rating U.S. Governments," criteria, published Sept. 9, 2024, on RatingsDirect. + At the same time, we affirmed our '##+' rating on Metro's GO and nontax revenue debt outstanding. + Finally, we affirmed our '##+' long-term rating on the Nashville & Davidson County Metropolitan Government Sports Authority's (the Sports Authority) outstanding stadium project revenue bonds. + The outlook is stable....

  
Report Type:

Summary

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Global Issuers, Public Finance
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Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Nashville&Davidson County Metropolitan Government, Tennessee; Appropriations; General Obligation; Miscellaneous Tax" Oct 02, 2024. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Nashville-Davidson-County-Metropolitan-Government-Tennessee-Appropriations-General-Obligation-Miscellaneous-Tax-3260682>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Nashville&Davidson County Metropolitan Government, Tennessee; Appropriations; General Obligation; Miscellaneous Tax Oct 02, 2024. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Nashville-Davidson-County-Metropolitan-Government-Tennessee-Appropriations-General-Obligation-Miscellaneous-Tax-3260682>
  
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