Municipality of Anchorage’s Bond Ratings Get Negative Grades Due To Overspending and Decline In Available Reserves
Anchorage, AK – Tuesday, S&P Global Ratings downgraded the Municipality general obligation (GO) and certificate of participation (COPS) bonds from a “AAA” rating to a “AA+” rating. S&P also lowered its outlook on all GO bond ratings for the Municipality of Anchorage from “stable” to “negative”. The downgrades reflect a material decline in the municipality’s […]
