Mobile County Commission Gets Credit Rating Upgrade

S&P Global recently announced it has raised the Mobile County Commission’s general obligation debt and long-term ratings to AA+ from AA and has designated the county’s outlook as “stable.” “In layman’s terms, it’s like upgrading from a very good credit score to an even better one,” the commission said. “These upgrades signify a vote of confidence from one of the world’s leading credit rating agencies in Mobile County Commission’s financial stability and ability to manage debt responsibly, both now and for the foreseeable future.” S&P Global Ratings Credit Analyst Karolina Norris said, “The upgrade reflects continued growth in an economy that benefits from the only deep-sea port in the state, further supported by very strong finances, strong management and a low debt burden. The stable outlook reflects our view that the county’s economy will continue to benefit from the port presence and ongoing development and that the county will maintain very strong reserves to offset its environmental risks, supported by strong management.”

Read More

THE RAIN GROUP RECEIVES 214 ACRES FROM MOBILE

The RAIN Group Receives 214 Acres From Mobile

SILVER SHIPS SUPPLIES USACE WITH ANOTHER SURVEY VESSEL

Silver Ships Supplies USACE With Another Survey Vessel

mobile bone scan center now open

Mobile Bone Scan Center Now Open

USA HEALTH CARDIOLOGY WELCOMES SUGANYA MANOHARAN

Manoharan Joins USA Health Cardiology

THOMAS HOSPITAL RANKED AS HIGH PERFORMING FOR MATERNITY CARE, ONLY ON GULF COAST

Thomas Hospital Ranked High Performing For Maternity Care

AFFORDABLE HOUSE COMPLETED IN WEST MOBILE

Affordable House Completed In West Mobile

MOBILE INTERNATIONAL AIRPORT CONSTRUCTION, PRICING UPDATE

Mobile International Airport Construction, Pricing Update

FOLEY HIGH NAMED A+ COLLEGE READY SCHOOL OF EXCELLENCE

Foley High Named A+ College Ready School Of Excellence

LOCAL SCHOOLS NAMED FINALISTS IN NATIONAL STEM COMPETITION

Local Schools Named Finalists In National STEM Competition

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.

Something went wrong. Please check your entries and try again.

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.