City of Suwanee receives AAA bond rating

Standard & Poor’s (S&P) has upgraded the city of Suwanee’s rating for its general obligation bond debt to AAA, the highest rating available. The city’s rating had previously been AA. S&P upgraded the city to AAA with a stable outlook based on the City’s continued economic expansion. Suwanee is one of only four Georgia cities to have earned a AAA rating from S&P. The others are Roswell, Peachtree City, and Smyrna, which also was just upgraded. Alpharetta has a AAA rating from Moody’s.