Georgia Tech has received the top tier credit rating on an upcoming bond issue despite challenges facing the nation’s higher education sector as the pandemic remakes the college experience.
Tag: Moody’s
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Dawson County’s affordable apartment project highlights need in jobs-rich exurb
The extent of the affordable housing challenge in exurban Atlanta has become evident in Dawson County, where 25 miles north of Alpharetta an apartment complex is to be built with tax incentives near a jobs-rich outlet mall.
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Reforming income inequality that threatens U.S. credit profile: Atl Fed, Moody’s
Income and racial inequality could undermine the U.S. credit profile, a leading Wall Street analyst warns in his sharpest wording yet in a series that dates to 2018.
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Atlanta’s 2011 pension reform continues to set precedent for Georgia governments
Atlanta’s pension reforms in 2011 helped set the foundation for a court ruling in Hall County that supported Hall County’s defined contributions benefits plan and eliminated a potential payment to employees of more than $75 million.
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Plant Vogtle: Fairly strong credit rating awarded $275 million in construction bonds
A partner in the Plant Vogtle nuclear power plant project has received a fairly positive rating from Moody’s Investors Service on debt it plans to sell in September to continue its share of construction funding. That said, analysts advised potential investors of pending challenges and reminded of the upcoming construction status report due by Aug. 30.
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Delta’s top credit rating reflects lower costs of hub at ATL airport: Moody’s report
As state lawmakers consider taking over Atlanta’s airport, Delta Air Lines, Inc. on Wednesday received a top credit rating from Moody’s Investors Service that builds on a recent rating that said one of Delta’s key credit strengths is the lower costs of doing business at Atlanta’s airport.
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Brookhaven’s new $40 million parks bond earns top credit rating; city already spending proceeds
Brookhaven hasn’t wasted a minute in ramping up projects with the $40 million bond for parks and facilities voters approved in November 2018. Just four days after Moody’s Investors Service awarded the bonds its highest rating, the Brookhaven City Council approved two contracts related to parks improvements.
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Southern Co. retains credit rating in part by selling assets exceeding $4.7 billion
The Southern Co.’s aggressive sales of assets helped it retain its credit rating, despite financial losses at Georgia Power that relate to Plant Vogtle. Those losses prompted Moody’s Investors Service to downgrade Georgia Power’s credit rating.
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DeKalb County’s fiscal posture improving, but not out of the woods, Moody’s reports
Analysts with Moody’s Investors Service thought enough of DeKalb County CEO Michael Thurmond’s promise to balance the county’s budget to include the promise in their credit analysis of the county.
It’s only only a passing comment. But given the gravity of these credit analyses, its inclusion in the July 18 report is noteworthy:
