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    Ratings Information For Publicly Traded Debt Issued Through The City of Stockton and Its Related Agencies

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    Steve GOop
    The document provides debt ratings from Standard & Poor's, Fitch, and Moody's for various publicly-traded debt issued through the City of Stockton and its related agencies. Several enterprise fund debts and district debts received investment grade ratings of A or higher from one or multiple rating agencies as of the dates listed. The ratings information is provided for convenience but may not be current, so outside confirmation is recommended before prospective investment.

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    Ratings Information For Publicly Traded Debt Issued Through The City of Stockton and Its Related Agencies

    Uploaded by

    Steve GOop
    26 views2 pages
    The document provides debt ratings from Standard & Poor's, Fitch, and Moody's for various publicly-traded debt issued through the City of Stockton and its related agencies. Several enterprise fund debts and district debts received investment grade ratings of A or higher from one or multiple rating agencies as of the dates listed. The ratings information is provided for convenience but may not be current, so outside confirmation is recommended before prospective investment.

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    12-5-19_Rating_Update

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    The document provides debt ratings from Standard & Poor's, Fitch, and Moody's for various publicly-traded debt issued through the City of Stockton and its related agencies. Several enterprise fund debts and district debts received investment grade ratings of A or higher from one or multiple rating agencies as of the dates listed. The ratings information is provided for convenience but may not be current, so outside confirmation is recommended before prospective investment.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    26 views2 pages

    Ratings Information For Publicly Traded Debt Issued Through The City of Stockton and Its Related Agencies

    Uploaded by

    Steve GOop
    The document provides debt ratings from Standard & Poor's, Fitch, and Moody's for various publicly-traded debt issued through the City of Stockton and its related agencies. Several enterprise fund debts and district debts received investment grade ratings of A or higher from one or multiple rating agencies as of the dates listed. The ratings information is provided for convenience but may not be current, so outside confirmation is recommended before prospective investment.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

     

    Ratings Information for Publicly‐Traded Debt issued through the City 
    of Stockton and its Related Agencies* 
    Enterprise Fund Debt 

      Standard & Poors  Fitch  Moody’s 


    Stockton Public Financing Authority  “A” as of 12/27/16  “A‐“ as of 8/12/14  N/A 
    Wastewater Revenue Refunding Bonds, 
    Series 2014 
    Stockton Public Financing Authority 2018  “A” as of 11/12/2019  N/A  N/A 
    Water Revenue Refunding Bonds (Green 
    Bonds) (BAM) 
    Stockton Public Financing Authority 2019  “A” at Issuance  N/A  N/A 
    Water Revenue Refunding Bonds (Green  12/5/19 
    Bonds) (BAM) 
    Successor Agency to the Redevelopment Agency  “A‐“ as of 11/3/2016  N/A  N/A 
    of the City of Stockton Tax Allocation Bonds, 
    Series 2016 A&B 
     

    District Debt 

        Standard & Poor’s 
    Stockton Public Financing Authority, Limited  “A” as of 2/4/19 
      Obligation Revenue Bonds (Mosher Reassessment 
      District 2014‐1), Series 2014 
    Stockton Public Financing Authority Revenue  “A+” as of 3/5/19 
      Bonds, (Assessment and Special Tax District 
      Refundings), Series 2016A 
     
    *Notes: 

    The above information has been provided for the convenience of the public in obtaining complete rating information on debt issued through 
    the City of Stockton, or its related agencies.  While the City of Stockton has updated and reviewed prior to posting, no assurance can be given 
    that the above ratings are current and unchanged.  The above information should not be used for prospective investment without 
    confirmation through outside reliable sources.  Please refer to EMMA for copies of Official Statements and Continuing Disclosures for 
    additional information on the bonds. 
     
    This information does not include information related to debt restructured through Chapter 9 bankruptcy. 
       
     

    Rating Category Information 
    Moody's  S&P  Fitch    

    Long‐term  Short‐term  Long‐term  Short‐term Long‐term Short‐term   

    Aaa  AAA  AAA  Prime 

    Aa1  AA+  AA+ 


    A‐1+  F1+ 
    Aa2  AA  AA  High grade 
    P‐1 
    Aa3  AA‐  AA‐ 

    A1  A+  A+ 


    A‐1  F1 
    A2  A  A  Upper medium grade 

    A3  A‐  A‐ 


    P‐2  A‐2  F2 
    Baa1  BBB+  BBB+ 

    Baa2  BBB  BBB  Lower medium grade 


    P‐3  A‐3  F3 
    Baa3  BBB‐  BBB‐ 

    Non‐investment grade
    Ba1  Not prime  BB+  B  BB+  B 
    speculative 

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