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Baltimore Mayor and City Council, MD GO Bonds Rated 'A' Jun 99 Product Image

Baltimore Mayor and City Council, MD GO Bonds Rated 'A' Jun 99

  • Published: June 1999
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's CreditWire) June 11, 1999 –- Standard & Poor's today assigned its single-'A' rating to Baltimore Mayor and City Council, Md.'s $25 million GO consolidated public improvement bonds series 1999A dated June 1, 1999, due Oct. 15, 2002-2020; and $15 million taxable GO consolidated public improvement bonds series 1999B dated June 1, 1999, due Oct. 15, 2001-2020; both series issued for Baltimore. The bonds are scheduled to sell June 15, 1999. In addition, Standard & Poor's affirmed its single-'A' rating on Baltimore, Md.'s outstanding GO bonds and its triple-'B'-plus rating on Baltimore's lease bonds series 1992 and 1992A. The bonds are secured by the city's full faith and credit tax pledge. Other rating factors include: --...

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Action: New Rating

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