Ratings Of Four Alabama Municipalities Suspended On Failure To Provide Audit

CENTENNIAL (S&P Global Ratings) Feb. 5, 2019--S&P Global Ratings has suspended 
various underlying and long-term ratings on the following Alabama 
municipalities:

  • Sheffield
  • Lincoln
  • Attalla
  • Childersburg
This action follows repeated attempts to obtain timely information of 
satisfactory quality to maintain our rating on the securities in accordance 
with our applicable criteria and policies. It was preceded, in accordance with 
our policies, by any change to the ratings that we consider appropriate given 
available information. 

We understand that the fiscal 2017 audits are expected to be completed within 
90 days of the rating suspension. If an issuer's audit is completed and we 
receive information that we consider sufficient and of satisfactory quality, 
we will conduct a review and take a rating action within 90 days of the rating 
suspension. However, failure to receive the requested information will likely 
result in our withdrawal of the affected rating.