Moody's Rates Billings 2026 Water Revenue Bonds Aa2

The City of Billings engaged Moody's Ratings to provide a credit opinion and rating for approximately $40 million in proposed Water System Revenue Bonds, Series 2026. Moody's assigned an Aa2 rating to the new issue and affirmed the city's existing Aa2 issuer and GOULT ratings, supporting the city's forthcoming bond sale.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Ongoing credit rating and surveillance relationship associated with the city's outstanding and new bond issues; no explicit term stated.

Document type

Report

Source document

City of Billings City Administrator Weekly Report 2026-05-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Billings?

Moody's Ratings was awarded this financial services contract by City of Billings, as recorded on May 15, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Billings City Administrator Weekly Report 2026-05-15 (Report), dated May 15, 2026 from City of Billings. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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