CUSIP 455560PH9

  • ISIN: US455560PH93
  • Entity Name: City of Indianola
  • Sector: Municipal
  • Announcement Date: 09-Aug-2018
  • Effective Date: 08-Aug-2018
  • Issue Date: *****
  • Maturity Date: 01-Jun-2019
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Upgrade
  • News: The City of Indianola, IA (Aa2) has a strong credit profile driven by continued growth in the city`s full valuation and economy and healthy financial profile. The city has grown reserves and the debt burden has moderated. While the city has average resident income levels, a weaker credit characteristic for the rating category, this is somewhat mitigated by a favorable location near Des Moines (Aa2 stable) and continued population growth. On August 8, 2018, we upgrade the city`s GO rating to Aa2 from Aa3. Credit strengths Healthy financial profile supported by strong reserve levels Full valuation that has continued to experience growth in the Des Moines metropolitan area Credit challenges Resident income levels trail medians for rating category Despite growth, tax base remains limited For Bond Document please visit
  • Description: Municipal Name: City of Indianola CUSIP: 455560PH9 Currency: USD City of Indianola announced today that the Moody`s Investors Service has upgraded the ratings of the Series 2013C, General Obligation Refunding Bonds from Aa3 to Aa2 on August 8, 2018.
  • Bond Document:
  • Latest Corporate Actions:

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