Wyandotte County / Kansas City Unified Government, Kansas; General Obligation Nov 10
Standard & Poors, November 2010
Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to Wyandotte County/Kansas City Unified Government, Kan.'s series 2010F taxable general obligation (GO) improvement bonds (recovery zone economic development [RZED] bonds -- direct pay), and series 2010G taxable GO improvement bonds (qualified energy conservation bonds -- direct pay). At the same time, Standard & Poor's Ratings Services affirmed its 'AA' long-term and underlying rating (SPUR) on the unified government's existing GO debt. The outlook on all bonds is stable. Although all past and current debt issues and additional issuances remain a GO of the unified government, the property tax base, subject to an unlimited-tax pledge, will vary because the unified government might issue as a city, applying to the former...
Companies mentioned in this report are:
- Wyandotte Cnty / Kansas City Unif Govt
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 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: Full Analysis
- Wyandotte Cnty / Kansas City Unif Govt
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