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Home»Posts tagged with»bond rating

Municipality of Anchorage’s Bond Ratings Get Negative Grades Due To Overspending and Decline In Available Reserves

By Corey Young | Office of the Anchorage Mayor on Nov 24, 2021   Featured, General News  

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 […]



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