07.09.2016, 22:56
S&P: Sabetha, KS 2016-A GO Bonds Assigned 'A' Rating
OREANDA-NEWS. S&P Global Ratings assigned its 'A' long-term rating to Sabetha, Kan.'s series 2016-A general obligation (GO) bonds. The outlook is stable.
The city will use proceeds from the series 2016-A GO bonds to build an aquatic center.
"The rating reflects our view of such factors as the city's strong budgetary flexibility and very strong liquidity," said S&P Global Ratings credit analyst Joshua Travis.
The stable outlook reflects our opinion of Sabetha's strong financial profile, demonstrated by its strong budgetary flexibility and very strong liquidity.
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