- Language: English
- Published: November 2012
- Region: Slovenia
Connecticut; General Obligation May 11
- Published: May 2011
- Region: Connecticut
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA' long-term rating, and stable outlook, to the State of Connecticut's nearly $338 million of tax-exempt general obligation (GO) refunding bonds 2011 series A (SIFMA indexed bonds) and $15 million of taxable GO refunding bonds 2011 series A. At the same time, Standard & Poor's affirmed its 'AA' rating on the state's $15 billion parity debt outstanding. The outlook is stable. We understand that the bonds will retire bond anticipation notes outstanding that mature on May 19, 2011. The bonds will be issued as SIFMA indexed bonds and are subject to redemption at the option of the state treasurer six months in advance of each maturity date. The 'AA' ratings reflect what we...
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