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 Dec 06, 2021
12 pages (6003 words) — Published Dec 06, 2021
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to the City of Omaha, Neb's anticipated $92.8 million series 2021A various purpose and refunding bonds and anticipated $53.3 million series 2021B general obligation (GO) refunding bonds. At the same, we assigned our 'AA+' long-term rating to the Omaha Public Facilities Corp.'s anticipated $22.1 million series 2021A lease revenue bonds and anticipated $37.2 million series 2021B lease revenue refunding bonds, issued for Omaha. Lastly, we affirmed our: 'AA+' long-term rating on Omaha Parking Facilities Corp.'s and Omaha Public Facilities Corp.'s existing lease revenue bonds, which are also issued for Omaha; 'AA+' rating on the city's existing GO and special tax revenue bonds; and 'AA+' rating on the Omaha-Douglas Public Building Commission's debt

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' long-term rating to the City of Omaha, Neb's anticipated $92.8 million series 2021A various purpose and refunding bonds and anticipated $53.3 million series 2021B general obligation (GO) refunding bonds. At the same, we assigned our '##+' long-term rating to the Omaha Public Facilities Corp.'s anticipated $22.1 million series 2021A lease revenue bonds and anticipated $37.2 million series 2021B lease revenue refunding bonds, issued for Omaha. Lastly, we affirmed our: + '##+' long-term rating on Omaha Parking Facilities Corp.'s and Omaha Public Facilities Corp.'s existing lease revenue bonds, which are also issued for Omaha; + '##+' rating on the city's existing GO and special tax revenue bonds; and + '##+' rating on the Omaha-Douglas Public Building Commission's debt outstanding. The outlook on all rating is stable. The series 2021A and2021B GO bonds are secured by the city's full faith and credit unlimited ad valorem tax GO pledge. Proceeds from the...

  
Report Type:

Summary

Issuer
Sector
Public Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Omaha Public Facilities Corp., Nebraska Omaha; Appropriations; General Obligation; General Obligation Equivalent Security" Dec 06, 2021. 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-2766589>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Omaha Public Facilities Corp., Nebraska Omaha; Appropriations; General Obligation; General Obligation Equivalent Security Dec 06, 2021. 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-2766589>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.