- Language: English
- Published: October 2012
- Region: Venezuela
Summary: Omaha, Nebraska; General Obligation Oct 10
- Published: October 2010
- Region: Nebraska
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AAA' rating, and stable outlook, to Omaha, Neb.'s series 2010 general obligation (GO) refunding bonds and series 2010 GO various-purpose bonds and affirmed its 'AAA' rating, with a stable outlook, on the city's existing GO debt. The rating reflects our opinion of the city's: Broad and diversified regional economy, Large and diverse property tax base, Conservative financial management, and Moderate debt burden. The city's full faith and credit pledge secures the bonds. Officials plan to use series 2010 GO refunding bond proceeds to refund the city's debt outstanding, including debt assumed by the city due to annexations, for interest cost savings and series 2010 GO various-purpose bond proceeds to finance numerous citywide capital...
Companies mentioned in this report are:
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.
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 >