Summary: Campbellsport Village, Wisconsin; General Obligation; Note Oct 11
- ID: 1929060
- October 2011
- Region: Wisconsin
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'SP-1+' short-term rating to Campbellsport Village, Wis.' note anticipation notes (NANs) and affirmed its 'A+' long-term rating and underlying rating (SPUR), with a stable outlook, on the village's general obligation (GO) debt. The short-term rating reflects our view of the village's long-term investment-grade GO debt rating and low market risk profile based on our opinion of its strong legal authority to take out the notes with bonds before maturity, strong market access, and adequate information availability. The GO debt rating reflects our view of the village's: Limited local economy, albeit with access to, what we consider, more-diverse and larger surrounding areas for employment; and Good income. We believe somewhat offsetting these credit strengths...
Companies mentioned in this report are:
- Campbellsport Vill
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 >