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

Summary: Omaha Public Facilities Corp., Nebraska Omaha; Appropriations; General Obligation; General Obligation Equivalent Security

Summary: Omaha Public Facilities Corp., Nebraska   Omaha; Appropriations; General Obligation; General Obligation Equivalent Security - S&P Global Ratings’ Credit Research
Summary: Omaha Public Facilities Corp., Nebraska Omaha; Appropriations; General Obligation; General Obligation Equivalent Security
Published Feb 28, 2020
10 pages (4381 words) — Published Feb 28, 2020
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to the City of Omaha Public Facilities Corp. (PFC), Neb.'s series 2020A lease revenue and refunding bonds, issues for the City of Omaha. 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 outlook on all ratings is stable. 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

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' long-term rating to the City of Omaha Public Facilities Corp. (PFC), Neb.'s series 2020A lease revenue and refunding bonds, issues for the City of Omaha. 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 outlook on all ratings is stable. 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 2020A bonds where PFC and the city have entered into the agreement whereby the corporation has leased the projects to the city for the period ending not later than the final maturity date of the corresponding...

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Omaha Public Facilities Corp., Nebraska Omaha; Appropriations; General Obligation; General Obligation Equivalent Security" Feb 28, 2020. Alacra Store. Nov 08, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Omaha-Public-Facilities-Corp-Nebraska-Omaha-Appropriations-General-Obligation-General-Obligation-Equivalent-Security-2390295>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Omaha Public Facilities Corp., Nebraska Omaha; Appropriations; General Obligation; General Obligation Equivalent Security Feb 28, 2020. New York, NY: Alacra Store. Retrieved Nov 08, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Omaha-Public-Facilities-Corp-Nebraska-Omaha-Appropriations-General-Obligation-General-Obligation-Equivalent-Security-2390295>
  
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