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 Nov 16, 2020
10 pages (4602 words) — Published Nov 16, 2020
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating and stable outlook to the City of Omaha, Neb.'s approximately $56.8 million series 2020A general obligation (GO) various purpose and refunding tax-exempt bonds and $82.8 million taxable series 2020B GO and refunding bonds. At the same time, we affirmed our: 'AA+' long-term rating on Omaha Parking Facilities Corp.'s and Omaha Public Facilities Corp.'s existing lease revenue bonds, supported by the city of Omaha; 'AA+' rating 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 series 2020A and B bonds are general obligations of the city, supported by the city's unlimited-tax GO pledge. Several bonds are rated using

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' long-term rating and stable outlook to the City of Omaha, Neb.'s approximately $56.8 million series 2020A general obligation (GO) various purpose and refunding tax-exempt bonds and $82.8 million taxable series 2020B GO and refunding bonds. At the same time, we affirmed our: + '##+' long-term rating on Omaha Parking Facilities Corp.'s and Omaha Public Facilities Corp.'s existing lease revenue bonds, supported by the city of Omaha; + '##+' rating 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 series 2020A and B bonds are general obligations of the city, supported by the city's unlimited-tax GO pledge. Several bonds are rated using our criteria, "Issue Credit Ratings Linked To U.S. Public Finance Obligors' Creditworthiness," published Nov. 20, 2019, on RatingsDirect. Those issuances include: + The Public Facilities Corp.'s lease revenue...

  
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" Nov 16, 2020. Alacra Store. Nov 08, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Omaha-Nebraska-Appropriations-General-Obligation-General-Obligation-Equivalent-Security-2555910>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Omaha, Nebraska; Appropriations; General Obligation; General Obligation Equivalent Security Nov 16, 2020. 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-2555910>
  
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