• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Jefferson County, MO Series 2010 GO Neighborhood Improvement Bond Rating Lowered To 'AA-' Sep 11 Product Image

Jefferson County, MO Series 2010 GO Neighborhood Improvement Bond Rating Lowered To 'AA-' Sep 11

  • ID: 1927492
  • September 2011
  • Standard & Poors

Abstract
CHICAGO (Standard & Poor's) Sept. 30, 2011--Standard & Poor's Ratings Services has lowered its long-term rating on Jefferson County, Mo.'s series 2010C general obligation (GO) neighborhood improvement bonds to 'AA-' from 'AA', reflecting further clarity on the security of the bonds. The outlook is stable. At the same time, Standard & Poor's assigned its 'AA' issuer credit rating (ICR) to the county. Standard & Poor's also affirmed its 'AA-' long-term rating on the county's series 2007, series 2010, and series 2010B certificates of participation (COPs). The COPs are rated one notch below the ICR given the annual appropriation risk associated with the leases securing the COPs. The outlook on all the ratings is stable. Special assessments levied against real property...

Companies mentioned in this report are:
- Jefferson Cnty

Action: Downgraded
Action: New Rating
Action: Outlook: Stable

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.

Note: Product cover images may vary from those shown

- Jefferson Cnty

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS