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S&P lowers Conroe hotel bond rating to default after missed interest payment

Summary by Community Impact
S&P Global Ratings lowered the rating on a portion of the Conroe Local Government Corp.’s hotel debt to “D” after the CLGC was delinquent on an April 1 interest payment tied to its series 2021B second-lien hotel revenue bonds, according to an April 16 S&P report.

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S&P lowers Conroe hotel bond rating to default after missed interest payment

S&P Global Ratings lowered the rating on a portion of the Conroe Local Government Corp.’s hotel debt to “D” after the CLGC was delinquent on an April 1 interest payment tied to its series 2021B second-lien hotel revenue bonds, according to an April 16 S&P report.

·Pflugerville, United States
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Community Impact broke the news in Pflugerville, United States on Wednesday, April 29, 2026.
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