Summary: The Indianapolis Local Public Improvement Bond Bank Indianapolis; General Obligation; General Obligation Equivalent Security; Moral Obligation - S&P Global Ratings’ Credit Research

Summary: The Indianapolis Local Public Improvement Bond Bank Indianapolis; General Obligation; General Obligation Equivalent Security; Moral Obligation

Summary: The Indianapolis Local Public Improvement Bond Bank Indianapolis; General Obligation; General Obligation Equivalent Security; Moral Obligation - S&P Global Ratings’ Credit Research
Summary: The Indianapolis Local Public Improvement Bond Bank Indianapolis; General Obligation; General Obligation Equivalent Security; Moral Obligation
Published Jun 26, 2019
10 pages (4662 words) — Published Jun 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 the Indianapolis Local Public Improvement Bond Bank's $30 million series 2019C bonds (16 Tech). The bond are being issued on behalf of the City of Indianapolis. The 'AA-' rating reflects the city's moral obligation pledge. At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating on all previously rated ad valorem property tax debt levied within the Indianapolis-Marion County consolidated city-county jurisdiction and affirmed its 'AA-' long-term rating on the previously rated obligations ultimately supported by the city's moral obligation pledge. The outlook on all ratings is stable. The 'AA-' rating on the 2019C bonds and 19 previously issued bonds is set two notches off of our 'AA+' general

  
Brief Excerpt:

...S&P Global Ratings assigned its '##-' long-term rating to the Indianapolis Local Public Improvement Bond Bank's $30 million series 2019C bonds (16 Tech). The bond are being issued on behalf of the City of Indianapolis. The '##-' rating reflects the city's moral obligation pledge. At the same time, S&P Global Ratings affirmed its '##+' long-term rating on all previously rated ad valorem property tax debt levied within the Indianapolis-Marion County consolidated city-county jurisdiction and affirmed its '##-' long-term rating on the previously rated obligations ultimately supported by the city's moral obligation pledge. The outlook on all ratings is stable....

  
Report Type:

Summary

Issuer
Indianapolis
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: The Indianapolis Local Public Improvement Bond Bank Indianapolis; General Obligation; General Obligation Equivalent Security; Moral Obligation" Jun 26, 2019. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-The-Indianapolis-Local-Public-Improvement-Bond-Bank-Indianapolis-General-Obligation-General-Obligation-Equivalent-Security-Moral-Obligation-2255854>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: The Indianapolis Local Public Improvement Bond Bank Indianapolis; General Obligation; General Obligation Equivalent Security; Moral Obligation Jun 26, 2019. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-The-Indianapolis-Local-Public-Improvement-Bond-Bank-Indianapolis-General-Obligation-General-Obligation-Equivalent-Security-Moral-Obligation-2255854>
  
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