WASHINGTON -- Denver and Miami could score a few runs with bond rating agencies when major league baseball's National League expands its membership to those cities in 1993, according to Standard & Poor's Corp.

The National League's selection of the two cities to host expansion ball clubs "is a positive rating factor for the affected local governments," writes Robert F. Durante in Standard & Poor's June 17 Credit Week. The agency rates Miami's bonds A-plus and Denver's AA.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.