- Language: English
- 93 Pages
- Published: December 2011
- Region: Slovenia
Hull, MA Outlook Revised To Stable From Negative As Financial Position Improves Jul 12
- Published: July 2012
- Standard & Poors
BOSTON (Standard & Poor's) July 30, 2012--Standard & Poor's Ratings Services said today it revised its outlook on Hull, Mass.' general obligation (GO bonds) to stable from negative. We also assigned a 'AA-' long-term rating to the town's series 2012 GO municipal purpose bonds, and affirmed the 'AA-' issuer credit rating (ICR). "The outlook revision is based on the community's efforts and success in stabilizing its financial position," said Standard & Poor's credit analyst Victor Medeiros. Factors supporting the long-term rating include the town's: Access to Boston, which provides employment opportunities and income stability; Strong income levels, with median household effective buying income at 120% of the national level; Extremely strong per capita market value despite recent decreases in real...
Companies mentioned in this report are: Hull
Action: New Rating
Action: Outlook: Stable
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Research type: News
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