Sacramento Community Facilities District No. 97-1 Refunding Bond Rating Raised To #A# From #BBB+#

Stocks and Financial Services Press Releases Tuesday June 26, 2018 12:38
SAN FRANCISCO--26 Jun--S&P Global Ratings

SAN FRANCISCO (S&P Global Ratings) June 25, 2018--S&P Global Ratings raised its long-term rating to 'A' from 'BBB+' on Sacramento Community Facilities District No. 97-1's series 2015 special tax refunding bonds. The outlook is stable.

The rating action reflects the application of our updated methodology, "Special Assessment Debt," published April 2, 2018 on RatingsDirect.
"The rating reflects our view of the district's adequate-to-strong economic fundamentals and characteristics, and adequate financial profile," said S&P Global Ratings credit analyst Brian Phuvan.
The stable outlook reflects our expectation that the district's economy will remain stable given its access to the broad and diverse Sacramento metropolitan statistical area.

Latest Press Release

Fitch Ratings: PTT#s Purchase of Murphy Oil#s Malaysia Assets to Raise Output, Reserves

PTT Exploration and Production Public Company Limited's (PTTEP) plan to acquire Murphy Oil Corporation's (BB+/Stable) business in Malaysia will immediately increase the group's reserves and production profile, Fitch Ratings says. In our view, the...

KBank teams up with eight partners to launch 2nd K SME Good to Great Nurture growth of food manufacturing, cosmetics and retail businesses with THB1-million prize money up for grabs

KBank gears up for the second-year K SME Good to Great project to promote food manufacturing, cosmetics and retail businesses. The event features business courses, seminars, business boot camps and one-on-one advisory service. The strongest 10...

KTC joins hands with seven beauty brands to rejuvenate and enhance online members skins in preparation of the summer.

"KTC" or Krungthai Card Public Company Limited, jointly with seven leading online beauty business alliances, including "Biotherm", "Kiehl's", "Lancome", "Urban Decay" within L'Oreal Luxe along with "Beauticool", "Craze", and "Konvy" provide members up to...

Photo Release: EXIM Thailand Organizes EXIM White Day 2019 Pledging to Fight Against Corruption

Mr. Adul Chotinisakorn (third right), Chairman of the Corporate Governance and Social Responsibility Committee of Export-Import Bank of Thailand (EXIM Thailand), jointly with members of the Board of Directors, Management and staff of EXIM Thailand,...

PEA and SCB join forces to unlock PEA Hero Platform with PEA Energy Intelligence to extend digital lending experience for PEA business network

In a bid to bring the digital ecosystem to the energy industry, the Provincial Electricity Authority (PEA) has collaborated with Siam Commercial Bank (SCB) to develop PEA Energy Intelligence, a fully integrated digital service to help manage business and...

Related Topics