Bedford, OH GO Debt Rating Raised To ‘AA’ From ‘AA-‘ On Improved Finances; Outlook Is Stable
Overview • S&P Global Ratings raised its long-term rating on Bedford, Ohio’s general obligation (GO) debt to ‘AA’ from ‘AA-‘. • The outlook is stable. • The higher rating reflects the city’s improved reserves supported by a track record of consecutive surpluses, which we expect will be maintained, as well as its modest liability profile … Continued