...August 1, 2019 - TMG's strong economic and financial performance will continue to support its credit standing, in our view. - We revised upward to '##+' from '##' our stand-alone credit profile for TMG, reflecting its stable balance of revenue and expenditure and a decline in its debt burden, which are factors we expect will continue. - We are affirming our 'A+' long-term ratings; our outlook on TMG remains positive. - The ratings and outlook reflect those on Japan because we believe TMG's creditworthiness would be strongly affected under a stress scenario in which the sovereign were to default on its debt. TOKYO (S&P Global Ratings) Aug. 1, 2019--S&P Global Ratings today said that it has affirmed its 'A+' long-term foreign and local currency issuer credit ratings on Tokyo Metropolitan Government (TMG). The outlook remains positive. Our ratings on TMG primarily reflect its very wealthy economy. This combined with its capacity for strong and stable financial management leads us to believe...
