Summary: Omaha, Nebraska; Appropriations; General Obligation; General Obligation Equivalent Security - S&P Global Ratings’ Credit Research

Summary: Omaha, Nebraska; Appropriations; General Obligation; General Obligation Equivalent Security

Summary: Omaha, Nebraska; Appropriations; General Obligation; General Obligation Equivalent Security - S&P Global Ratings’ Credit Research
Summary: Omaha, Nebraska; Appropriations; General Obligation; General Obligation Equivalent Security
Published Apr 26, 2019
8 pages (3595 words) — Published Apr 26, 2019
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to Omaha Public Facilities Corp. (PFC), Neb.'s series 2019A lease revenue bonds and series 2019B lease revenue refunding bonds supported by the city of Omaha. At the same time, we affirmed our: 'AA+' long-term rating on Omaha Parking Facilities Corp.'s existing lease revenue bonds, supported by the city of Omaha; 'AA+' ratings on the city's existing general obligation (GO) and special tax revenue bonds; and 'AA+' rating on the Omaha-Douglas Public Building Commission's debt outstanding. The outlook on all ratings is stable. The rating on the series 2019A and 2019B lease revenue bonds and the existing PFC and parking facilities bonds reflects the application of our "Issue Credit Ratings Linked To U.S.

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' long-term rating to Omaha Public Facilities Corp. (PFC), Neb.'s series 2019A lease revenue bonds and series 2019B lease revenue refunding bonds supported by the city of Omaha. At the same time, we affirmed our: + '##+' long-term rating on Omaha Parking Facilities Corp.'s existing lease revenue bonds, supported by the city of Omaha; + '##+' ratings on the city's existing general obligation (GO) and special tax revenue bonds; and + '##+' rating on the Omaha-Douglas Public Building Commission's debt outstanding. The outlook on all ratings is stable. The rating on the series 2019A and 2019B lease revenue bonds and the existing PFC and parking facilities bonds reflects the application of our "Issue Credit Ratings Linked To U.S. Public Finance Obligors' Creditworthiness" criteria (published Jan. 22, 2018, on RatingsDirect). The rating on these bonds reflects our opinion of the unconditional obligation to make rental payments from legally available funds....

  
Report Type:

Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Omaha, Nebraska; Appropriations; General Obligation; General Obligation Equivalent Security" Apr 26, 2019. Alacra Store. Nov 08, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Omaha-Nebraska-Appropriations-General-Obligation-General-Obligation-Equivalent-Security-2222479>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Omaha, Nebraska; Appropriations; General Obligation; General Obligation Equivalent Security Apr 26, 2019. New York, NY: Alacra Store. Retrieved Nov 08, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Omaha-Nebraska-Appropriations-General-Obligation-General-Obligation-Equivalent-Security-2222479>
  
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