October 17, 2022

National Development Council, NY Assigned ‘A+’ Issuer Credit Rating On Capital, Liquidity, And Strong Management

CENTENNIAL (S&P Global Ratings) Oct. 14, 2022–S&P Global Ratings assigned its ‘A+’ issuer credit rating (ICR) to National Development Council (NDC, or the organization), N.Y. The outlook is stable.

“The ICR reflects our view of NDC’s very strong capital adequacy, sufficient liquidity to cover short-term financial needs, and very strong strategy and management assessment,” said S&P Global Ratings credit analyst Daniel Pulter.

Read the full press release here