Wamego, KS' Series 2025 GO Debt Assigned 'AA-' Rating - S&P Global Ratings’ Credit Research

Wamego, KS' Series 2025 GO Debt Assigned 'AA-' Rating

Wamego, KS' Series 2025 GO Debt Assigned 'AA-' Rating - S&P Global Ratings’ Credit Research
Wamego, KS' Series 2025 GO Debt Assigned 'AA-' Rating
Published May 13, 2025
Published May 13, 2025
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About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA-' long-term rating to Wamego , Kan.'s proposed $5.3 million series 2025 general obligation (GO) secured debt. At the same time, we affirmed our 'AA-' long-term rating on the city's GO debt outstanding. The outlook is negative. ENGLEWOOD (S&P Global Ratings) May 13, 2025--S&P Global Ratings today took the rating actions listed above. The rating incorporates our view of the city's environmental, social, and governance factors, which we view as neutral to our credit analysis. While the area is exposed to tornadoes, we do not view environmental risk as heightened because damage is usually limited and covered by insurance or Federal Emergency Management Agency reimbursement and very strong reserves. The negative outlook reflects our view

  
Report Type:

Ratings Action

Issuer
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Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Wamego, KS' Series 2025 GO Debt Assigned 'AA-' Rating" May 13, 2025. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wamego-KS-Series-2025-GO-Debt-Assigned-AA-Rating-3368383>
  
APA:
S&P Global Ratings’ Credit Research. (). Wamego, KS' Series 2025 GO Debt Assigned 'AA-' Rating May 13, 2025. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wamego-KS-Series-2025-GO-Debt-Assigned-AA-Rating-3368383>
  
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