According to the latest Standard and Poor’s Global rating, Braselton’s water and sewer revenue bonds received a high rating. The financial research and analysis organization affirmed its ‘A’ long-term and underlying rating. According to the S&P report, “The outlook is stable. The rating reflects our opinion of the combination of a very strong enterprise risk profile and adequate financial risk profile.”
The S&P is one of three major rating agencies that evaluate thousands of issuers and their municipal bonds. The objective of the rating agency is to assign a municipal bond a credit rating to make it faster for investors to evaluate risk.
Although a “AAA” is the highest rating, the single-A rating represents strong creditworthiness.
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