Summary: North Platte, Nebraska; General Obligation - S&P Global Ratings’ Credit Research

Summary: North Platte, Nebraska; General Obligation

Summary: North Platte, Nebraska; General Obligation - S&P Global Ratings’ Credit Research
Summary: North Platte, Nebraska; General Obligation
Published Aug 19, 2020
7 pages (3234 words) — Published Aug 19, 2020
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings affirmed its 'A-' long-term rating on the city of North Platte, Neb.'s general obligation (GO) bonds, then removed the rating from CreditWatch with negative implications, where it had been placed on May 21, 2020. The outlook is stable. Following our previous report placing the city on CreditWatch with negative implications, we received sufficient information regarding city's finances and fiscal planning in response to the COVID-19 pandemic and related recession. Therefore, we have removed the city's rating from CreditWatch. The city's existing GO debt is secured by its unlimited tax GO pledge. Generally, our rating outlook time frame is up to two years, but our view of the credit risks to the city of North Platte is centered

  
Brief Excerpt:

...S&P Global Ratings affirmed its 'A-' long-term rating on the city of North Platte, Neb.'s general obligation (GO) bonds, then removed the rating from CreditWatch with negative implications, where it had been placed on May 21, 2020. The outlook is stable. Following our previous report placing the city on CreditWatch with negative implications, we received sufficient information regarding city's finances and fiscal planning in response to the COVID-19 pandemic and related recession. Therefore, we have removed the city's rating from CreditWatch. The city's existing GO debt is secured by its unlimited tax GO pledge....

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: North Platte, Nebraska; General Obligation" Aug 19, 2020. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-North-Platte-Nebraska-General-Obligation-2499116>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: North Platte, Nebraska; General Obligation Aug 19, 2020. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-North-Platte-Nebraska-General-Obligation-2499116>
  
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