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: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US185278AU24