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Baltimore, MD's Taxable Cons Pub Imp V/R Bnds and Cons Pub Imp Proj & Rfdg V/R Bnds Rated 'A+' Jun 01 Product Image

Baltimore, MD's Taxable Cons Pub Imp V/R Bnds and Cons Pub Imp Proj & Rfdg V/R Bnds Rated 'A+' Jun 01

  • Published: June 2001
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's CreditWire) June 14, 2001-Standard & Poor's today assigned its single-'A'-plus rating to Baltimore, Md.'s $8.8 million taxable consolidated public improvement variable-rate bonds series 2001B due Oct. 1, 2013, and $43.2 million consolidated public improvement project and refunding variable-rate bonds series 2001A due Oct. 1, 2022. The bonds are scheduled to sell June 22, 2001. The outlook is stable. The single-'A'-plus rating reflects: -- Participation in a regional economy that includes Baltimore County, -- Sound financial performance and strong debt management, and -- A manageable debt burden. The bonds are secured by the city's full faith and credit tax pledge. Baltimore is the largest city in Maryland and participates in a strong regional economy. Income and...

Companies mentioned in this report are: Baltimore Mayor & City Council
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 READ MORE >

Baltimore Mayor & City Council

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