26 Jun

Build America Mutual Announces S&P Global Ratings Affirms BAM’s AA Rating and Stable Outlook

NEW YORK--(BUSINESS WIRE)--#muniland--Build America Mutual today announced that S&P Global Ratings affirmed BAM’s AA rating and Stable outlook and removed BAM from CreditWatch. S&P’s decision marks the end of an intensive review of BAM’s first five years of performance and reflects the company’s transition from a “startup” to a “mature company” under S&P’s rating criteria for financial guaranty insurers “S&P’s review confirmed what we’ve known from the start at BAM: A mutual bond insurer f
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