- Published: May 2012
- Region: United States
Columbus, Ohio; General Obligation Feb 12
- Published: February 2012
- Region: Ohio
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AAA' long-term rating to Columbus, Ohio's approximately $179.6 million series 2012-1 unlimited-tax and 2012-2 limited-tax various purpose refunding bonds. At the same time, Standard & Poor's affirmed its 'AAA' long-term rating and 'AAA/A-1+' rating on the city's previously issued debt. The outlook on all ratings is stable. The 'A-1+' short-term component of the rating on the city's series 2006-1 bonds reflects our view that the city's treasury investment portfolio provides sufficient liquidity to cover that series of bonds. The 'AAA' long-term rating reflects our view of the city's: Large, vibrant, and diverse economic base, including a significant public sector component, which provides stability and helps to protect against economic cycles; Strong positive operating...
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Action: New Rating
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