- Language: English
- Published: November 2012
Research Update: Czech City of Brno Outlook Revised To Positive From Stable; Ratings Affirmed At 'A/A-1' Oct 11
- Published: October 2011
- Standard & Poors
We continue to expect the Czech city of Brno's budgetary performance to recover with a surplus of the operating budget in 2011-2014 and small deficits after capital accounts. We are revising our outlook on the ratings to positive from stable and affirming the ratings on Brno at 'A/A-1'. The positive outlook indicates that we could raise the long-term rating on Brno by one notch within two years. On Oct. 6, 2011, Standard & Poor's Ratings Services revised its outlook on the Czech City of Brno to positive from stable. At the same time, we affirmed the 'A' long-term and 'A-1' short-term issuer credit ratings on Brno. The affirmation reflects our expectation that Brno will continue to deliver a strong operating...
Companies mentioned in this report are: City of Brno
Action: Outlook: Positive
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.
Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
SHOW LESS READ MORE >
City of Brno
|Electronic||The report will be emailed to you.|