Credit ratings in a global pandemic: strategies for keeping the downgrade away

The ongoing impacts of the coronavirus pandemic on public sector are still unfolding. As COVID-19’s impact on local government revenues and expenditures become clear, rating agencies will be watching how governments respond to these changes and making rating decisions based on the effectiveness of the response. Local governments (including cities, towns and counties) as well as utilities and school districts should act now to ensure their financial plans and environmental, social and governance (ESG) frameworks are solidly in place. Join Baker Tilly’s rating specialists for a candid discussion of the current municipal bond rating landscape and the underlying risks. Strategies to enhance financial, capital and ESG planning will be presented to help your organization weather the storm of the pandemic and the ensuing economic downturn. 

Key takeaways

After viewing this webinar, participants will be able to:

1. Describe bond rating agencies’ (Moody’s, S&P, etc.) short- and long-term perspectives on the COVID-19 pandemic and resulting economic downturn  
2. Review bond rating actions over the last year and 2021 expectations 
3. Apply financial and ESG strategies to maintain or improve your organization’s credit rating in the current and future environment 

Presenters and subject matter specialists

• Elizabeth Bergman, Director, Baker Tilly Municipal Advisors  
• Susan Borries Reed, Director, Baker Tilly Municipal Advisors 

For more information, or to learn more about how Baker Tilly Municipal Advisors can help, contact our team.