Summary: West Saint Paul, Minnesota; General Obligation

Standard&Poor's Ratings Services assigned its 'AA' long-term rating to West Saint Paul, Minn.'s series 2015A general obligation (GO) refunding bonds. At the same time, Standard&Poor's affirmed its 'AA' long-term rating on the city's outstanding debt. The outlook is stable. A pledge of the city's full faith credit and an agreement to levy ad valorem property taxes without limitation as to rate or amount secure the series 2015A bonds, which management will use to refund the city's series 2006A GO improvement bonds and 2009B taxable GO capital improvement bonds (Build America Bonds) for interest cost savings. The rating reflects our view of the city's: Strong economy, with access to a broad and diverse metropolitan statistical area (MSA);

...Standard & Poor's Ratings Services assigned its '##' long-term rating to West Saint Paul, Minn.'s series 2015A general obligation (GO) refunding bonds. At the same time, Standard & Poor's affirmed its '##' long-term rating on the city's outstanding debt. The outlook is stable. A pledge of the city's full faith credit and an agreement to levy ad valorem property taxes without limitation as to rate or amount secure the series 2015A bonds, which management will use to refund the city's series 2006A GO improvement bonds and 2009B taxable GO capital improvement bonds (Build America Bonds) for interest cost savings. The rating reflects our view of the city's:...

Summary