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Standard & Poor’s Rating Services Raises its Rating on Bond Bank’s Existing Stormwater Senior-Lien Bonds to ‘AAA’

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Chicago, IL | July 21, 2015
Standard and Poors Rating Services

Standard & Poor's Ratings Services raised its rating on The Indianapolis Local Public Improvement Bond Bank, Ind.'s existing stormwater system senior-lien revenue bonds to 'AAA' from 'AA+'. At the same time, we assigned our 'AAA' rating to the bond bank's series 2015H refunding bonds.

The outlook is stable.​​​​​​​

S&P Raises Stormwater Rating to 'AAA' (July 2015)

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