• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Cook County, Illinois; General Obligation Sep 11 Product Image

Cook County, Illinois; General Obligation Sep 11

  • Published: September 2011
  • Region: Illinois
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to Cook County, Ill.'s $148.5 million series 2011A general obligation (GO) refunding bonds, $241.5 million series 2011B taxable GO refunding bonds, and $125.0 million series 2011C taxable GO bonds. At the same time, Standard & Poor's assigned its 'SP-1+' rating to the county's $110.0 million series 2011D taxable GO corporate purpose notes. Finally, Standard & Poor's affirmed its 'AA' long-term and underlying ratings (SPUR) and 'AA/A-1' and 'AA/A-1+' ratings on the county's outstanding debt. The outlook on all ratings is stable. The long-term rating reflects our view of the county's: Taxing flexibility and recent budget balancing efforts under a newly-elected administration; Pension that is adequately funded but has lost ground...

Companies mentioned in this report are:
- Cook Cnty

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating READ MORE >

- Cook Cnty

Note: Product cover images may vary from those shown

RELATED PRODUCTS