
On Your Mark, Get Set, G.O.! Miami Beach Bonds Hit the Wall Street Market!
The first tranche of Miami Beach General Obligation Bonds successfully hit the market today. City Manager Jimmy L. Morales and CFO John Woodruff travelled to New York City to personally oversee the bond pricing and sale process on Wall Street…
Read MoreAA+ and Aa2 G.O. Bond Credit Ratings
The purpose of this LTC is to advise you of the credit ratings assigned by Standard & Poors (S&P) and Moody’ s to the City’ s 2019 general obligation bonds and outstanding prior G. O. bonds. I would like to underscore that both S&P and Moody’s have recently incorporated risks from climate change and severe weather events into their credit rating analysis. Read the…
Read MoreMiami Beach Issues First Tranche of General Obligation Bond
Today, the Miami Beach City Commission unanimously approved the issuance of $153 million as part of the first tranche of the city’s $439 million general obligation bond. During the months of January and February 2019…
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