Angleton, TX GO Bond Rating Raised To #AA-# Due To Application Of Our Updated Criteria

Stocks and Financial Services Press Releases Wednesday December 18, 2013 09:08
DALLAS--18 Dec--Standard & Poor's

DALLAS (Standard & Poor's) Dec. 17, 2013-- Standard & Poor's Ratings Services raised its long-term and underlying rating (SPUR) to 'AA-' from 'A+' on Angleton, Texas' existing general obligation (GO) bonds. The outlook is stable.

"The raised rating reflects the application of our recently released local GO criteria," said Standard & Poor's credit analyst Kate Choban. "Further supporting the rating is our view of the city's very strong budgetary flexibility and liquidity," Ms. Choban added.

Angleton, with an estimated population of 19,215, is located in Brazoria County roughly 40 miles south of Houston, affording residents direct access to the broad and diverse Houston and Freeport MSAs.

Latest Press Release

Huawei Announces Q1 2019 Business Results

Huawei today announced its business results for the first quarter of 2019. In Q1 of this year, Huawei generated CNY179.7 billion in revenue, an increase of 39% year-on-year. The company's net profit margin in Q1 2019 was about 8%, slightly higher than...

ShaktiCoin Opens Mining Registration Globally

The Swiss Shakti Foundation has opened mining registration across the world coinciding with the publication of the first of its four-part white paper. The Swiss Foundation would like to bring the following three points to public attention. ONE: Early...

KTC invites members to shop for eye protection sunglasses in a variety of styles with 13% cash back at Sunglass Hut.

"KTC" or Krungthai Card Public Company Limited, supports members to care about their visions by avoiding direct contact with sunlight that continues to intensify day by day. KTC provides members a privilege to redeem for 13% cash back without...

Photo Release: KBank joins forces with Electronics Extreme for online gaming top-up via K-Payment Gateway

Mr. Akaranant Thitasirivit (third from right), KBank First Senior Vice President, and Mr. Thanin Piromward (third from left), Chief Executive Officer of Electronics Extreme Co., Ltd., Thailand's leading provider of online games including Ragnarok Online,...

Photo Release: EXIM Thailand Joins Berne Union Spring Meeting 2019

Mr. Pisit Serewiwattana (third right), President of Export-Import Bank of Thailand (EXIM Thailand) and EXIM Thailand's executives recently presented export direct lending and outlook for CLMV market as well as discussing various issues with more than 80...

Related Topics