Summary: Seattle, Washington; General Obligation; General Obligation Equivalent Security - S&P Global Ratings’ Credit Research

Summary: Seattle, Washington; General Obligation; General Obligation Equivalent Security

Summary: Seattle, Washington; General Obligation; General Obligation Equivalent Security - S&P Global Ratings’ Credit Research
Summary: Seattle, Washington; General Obligation; General Obligation Equivalent Security
Published Apr 11, 2013
2610 words — Published Apr 11, 2013
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA' rating to Seattle, Wash.'s series 2013A limited-tax general obligation (GO) improvement bonds, 2013B taxable limited-tax GO improvement and refunding bonds, and 2013 unlimited-tax GO improvement bonds. In addition, Standard&Poor's affirmed its 'AAA' long-term rating and underlying rating (SPUR) on the city's existing GO bonds and GO-equivalent obligations. The outlook on these ratings is stable. The 'AAA' ratings reflect our view of the city's: Economic role as the center of a very deep and dynamic regional economy; Strong income indicators and a resilient employment market that has kept the city's unemployment rate below the national average; Relatively low level of funding interdependencies with the federal government; Strong financial management policies and

  
Brief Excerpt:

RESEARCH Summary: Seattle, Washington; General Obligation; General Obligation Equivalent Security Publication date: 11-Apr-2013 Primary Credit Analyst: Chris Morgan, San Francisco (1) 415-371-5032; chris_morgan@standardandpoors.com...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Seattle, Washington; General Obligation; General Obligation Equivalent Security" Apr 11, 2013. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Seattle-Washington-General-Obligation-General-Obligation-Equivalent-Security-1115088>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Seattle, Washington; General Obligation; General Obligation Equivalent Security Apr 11, 2013. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Seattle-Washington-General-Obligation-General-Obligation-Equivalent-Security-1115088>
  
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