Sundsvall (Municipality of) - S&P Global Ratings’ Credit Research

Sundsvall (Municipality of)

Sundsvall (Municipality of) - S&P Global Ratings’ Credit Research
Sundsvall (Municipality of)
Published Apr 30, 2013
5492 words — Published Apr 30, 2013
Price US$ 500.00  |  Buy this Report Now

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Abstract:

Predictable and supportive institutional framework. Dynamic and wealthy local economy serving as regional growth center. Sound budgetary performance. Moderate debt position with majority of debt consumed by self-supporting subsidiaries Strong liquidity supported by reliable capital market access. Municipal and company sector investments set tax-supported debt on an increasing trend. Average budgetary flexibility from inflexible expenditure structure. The ratings on Sweden's Municipality of Sundsvall reflect Standard&Poor's Ratings Services' view of Sweden's stable and supportive local and regional government (LRG) system and the municipality's dynamic and wealthy local economy. Sundsvall's sound financial performance, moderate debt position and our assessment of the municipality's "positive" liquidity position further support the ratings. We also assess Sundsvall's management as a "positive" factor on the

  
Brief Excerpt:

RESEARCH Sundsvall (Municipality of) Publication date: 30-Apr-2013 Primary Credit Analyst: Gabriel Forss, Stockholm (46) 8-440-5933; gabriel_forss@standardandpoors.com Secondary Contact: Andrea Croner, Stockholm (46) 8-440-5921; andrea_croner@standardan...

  
Report Type:

Full Report

Ticker
1012Z@SS
Issuer
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
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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.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Sundsvall (Municipality of)" Apr 30, 2013. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Sundsvall-Municipality-of-1123772>
  
APA:
S&P Global Ratings’ Credit Research. (). Sundsvall (Municipality of) Apr 30, 2013. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Sundsvall-Municipality-of-1123772>
  
US$ 500.00
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