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Baltimore Mayor and City Council, MD GO Bonds Rated 'A' Jun 99
Standard & Poors, June 1999
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: --...
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.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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