Report Explains Evaluation In U.S. Public Finance Of Credit Impact Of Extreme Weather Events
In a report published today, "Extreme Weather Events: How We Evaluate The Credit Impacts In U.S. Public Finance," S&P Global Ratings summarizes our process and considerations for analyzing and updating the market about our ratings across U.S. public finance sectors during and after an extreme weather event. We also highlight sector-specific issues that we view as key credit considerations during these events.
"We assess ratings impacts on a credit-by-credit basis. All else being equal, the better the credit quality at the time of the disaster the more likely a credit is to avoid major deterioration thereafter," said S&P Global Ratings credit analyst Lisa Schroeer.
This report does not constitute a rating action.
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SOURCE S&P Global Ratings
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