Various U.S. Local Government Ratings Removed From CreditWatch Negative; Outlook Is Stable - S&P Global Ratings’ Credit Research

Various U.S. Local Government Ratings Removed From CreditWatch Negative; Outlook Is Stable

Various U.S. Local Government Ratings Removed From CreditWatch Negative; Outlook Is Stable - S&P Global Ratings’ Credit Research
Various U.S. Local Government Ratings Removed From CreditWatch Negative; Outlook Is Stable
Published Apr 20, 2023
3 pages (1180 words) — Published Apr 20, 2023
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

DALLAS (S&P Global Ratings) April 20, 2023--S&P Global Ratings removed its ratings on various local government entities (see list below) from CreditWatch, with negative implications, where they were placed on March 13, 2023. The ratings are unchanged and the outlooks on all these ratings are stable. "The removal from CreditWatch and the assignment of a stable outlook reflects our receipt and review of financial information, including 2021 audited financial statements, from these issuers," said S&P Global Ratings credit analyst Melissa Banuelos. "Following our review of the updated financial information, our long-term rating on these credits remains unchanged," Ms. Banuelos added. For further details on timely information please see, "Lack Of Timely Information Leads To Increase In Negative Rating Actions Across

  
Brief Excerpt:

...Issuer State Current rating/outlook Harrison Cnty MS ##-/Stable Hidalgo Cnty TX ##-/Stable Houston Cnty AL ##-/Stable DeSoto Cnty MS ##+/Stable St. Clair County AL ##/Stable Ford County KS A+/Stable Aledo TX ##/Stable Talladega AL ##-/Stable Venus TX A+/Stable New Fairview TX A+/Stable Phenix City AL ##-/Stable Elba AL A/Stable Hereford TX ###+/Stable Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors,...

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Various U.S. Local Government Ratings Removed From CreditWatch Negative; Outlook Is Stable" Apr 20, 2023. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Various-U-S-Local-Government-Ratings-Removed-From-CreditWatch-Negative-Outlook-Is-Stable-2976275>
  
APA:
S&P Global Ratings’ Credit Research. (). Various U.S. Local Government Ratings Removed From CreditWatch Negative; Outlook Is Stable Apr 20, 2023. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Various-U-S-Local-Government-Ratings-Removed-From-CreditWatch-Negative-Outlook-Is-Stable-2976275>
  
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