CUSIP 185278AU2

  • ISIN: US185278AU24
  • Entity Name: City of Clearwater
  • Sector: Municipal
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Rating Upgrade
  • News: S&P Global Ratings raised its long-term rating to `AA+` from `AA` on the City of Clearwater, Fla.`s 2002 spring training revenue bonds. The outlook is stable. The rating action reflects the application of our criteria ""Issue Credit Ratings Linked To U.S. Public Finance Obligors` Creditworthiness"" (/en_US/web/guest/articl e/-/view/sourceId/9939600) criteria, published Jan. 22, 2018 on RatingsDirect. ""The rating further reflects our revised opinion of the strength of the city`s non-ad valorem revenue pledge and the confirmation that this pledge remains the strongest among those securing the bonds,"" said S&P Global Ratings credit analyst Randy Layman. The stable outlook reflects that on the Clearwater issuer credit rating, incorporating our assessment of the city`s very strong budgetary flexibility and strong management, which we expect to persist over the outlook horizon.
  • Description: *****
  • Bond Document:
  • Latest Corporate Actions:

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