- Language: English
- Published: December 2012
- Region: Minnesota
Summary: Ramsey Cnty, MN; Tax Secured, General Obligation Nov 02
- ID: 1802068
- November 2002
- Standard & Poors
The 'AAA' rating on Ramsey County, Minn.'s GO state aid street bonds reflects the county's: Strong economic base, which includes St. Paul and its surrounding suburbs, and proximity to employment throughout the Twin Cities area; Historically strong financial position; and Manageable debt burden. The county's full faith and credit pledge secures the bonds. The debt service on the bonds is expected to be paid by annual state aid allotments. Ramsey County is anchored by St. Paul, the Minnesota state capital. Along with Hennepin County, Ramsey County provides the nexus of the Twin Cities economy. Ramsey County's population has continued to grow over time; at the 2000 U.S. Census, its population was 511,000, which was a 5.2% increase over the 1990...
Companies mentioned in this report are:
- Ramsey Cnty
Action: New Rating
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included. SHOW LESS READ MORE >
- Ramsey Cnty