Swiss Canton of Solothurn Ratings Affirmed At 'AA+/A-1+' Despite Budgetary Challenges; Outlook Stable - S&P Global Ratings’ Credit Research

Swiss Canton of Solothurn Ratings Affirmed At 'AA+/A-1+' Despite Budgetary Challenges; Outlook Stable

Swiss Canton of Solothurn Ratings Affirmed At 'AA+/A-1+' Despite Budgetary Challenges; Outlook Stable - S&P Global Ratings’ Credit Research
Swiss Canton of Solothurn Ratings Affirmed At 'AA+/A-1+' Despite Budgetary Challenges; Outlook Stable
Published Jul 05, 2013
Published Jul 05, 2013
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Abstract:

OVERVIEW We are affirming our long- and short-term ratings on the Canton of Solothurn at 'AA+/A-1+'. The outlook remains stable and reflects our view of contained debt increases and a stable very positive liquidity situation. RATING ACTION FRANKFURT (Standard&Poor's) July 5, 2013--Standard&Poor's Ratings Services said today it affirmed its 'AA+/A-1+' long- and short-term issuer credit ratings on the Canton of Solothurn. The outlook is stable. RATIONALE The ratings on Solothurn benefit from the predictable and supportive institutional framework for Swiss cantons, and Solothurn's strong economy compared with international peers. Solothurn's very positive liquidity position and very low contingent liabilities are further factors backing our assessment. Additional ratings support derives from the canton's prudent management, which we

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
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MLA:
S&P Global Ratings’ Credit Research. "Swiss Canton of Solothurn Ratings Affirmed At 'AA+/A-1+' Despite Budgetary Challenges; Outlook Stable" Jul 05, 2013. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Swiss-Canton-of-Solothurn-Ratings-Affirmed-At-AA-A-1-Despite-Budgetary-Challenges-Outlook-Stable-1156357>
  
APA:
S&P Global Ratings’ Credit Research. (). Swiss Canton of Solothurn Ratings Affirmed At 'AA+/A-1+' Despite Budgetary Challenges; Outlook Stable Jul 05, 2013. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Swiss-Canton-of-Solothurn-Ratings-Affirmed-At-AA-A-1-Despite-Budgetary-Challenges-Outlook-Stable-1156357>
  
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