• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Concord, N.H.'s GO Bonds Rated 'AA';Ratings Affirmed Jan 99 Product Image

Concord, N.H.'s GO Bonds Rated 'AA';Ratings Affirmed Jan 99

  • Published: January 1999
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's CreditWire) Jan. 28, 1999 -– Standard & Poor's today assigned its double-'A' rating to Concord, N.H.'s GO bonds due Oct. 1, 2018. The bonds are scheduled to sell Feb. 3, 1999. At the same time, Standard & Poor's affirmed its double-'A' rating on the city's outstanding GO bonds series 1991, 1995, and 1997. The bonds are secured by an unlimited ad valorem tax pledge. The rating on Concord reflects: --ýA solid economic base, --ýA strong financial position, and --ýA moderate debt burden. These factors are offset by average wealth and income levels and uncertainty surrounding the still unresolved statewide school funding issue. Concord is located in southern New Hampshire about 70 miles north of Boston....

Companies mentioned in this report are:
- Concord

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 rating of holdings and identify key factors underlying an READ MORE >

Concord

Note: Product cover images may vary from those shown

RELATED PRODUCTS