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Summary: Washington; Appropriations; General Obligation Jan 12 Product Image

Summary: Washington; Appropriations; General Obligation Jan 12

  • Published: January 2012
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA+' long-term rating to the state of Washington's: $365.07 million various purpose general obligation (GO) bonds, series 2012D; $203.18 million motor vehicle fuel tax (MVFT) GO bonds, series 2012E; $699.08 million various purpose GO refunding bonds, series R-2012C; and $260.14 million MVFT GO refunding bonds series R-2012D. At the same time, we affirmed our 'AA+' long-term rating and underlying rating (SPUR) on the state's existing GO and MVFT GO debt. In addition, we affirmed our 'AA/A-1+' rating on the state's variable rate 1996 series A and B GO bonds. The short-term rating reflects the liquidity rating of the bank providing liquidity support to the bonds (Landesbank Hessen-Thueringen Girozentrale). Finally, we also affirmed our...

Companies mentioned in this report are: Washington,Landesbank Hessen-Thueringen Girozentrale
Action: Affirmed
Action: New Rating

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Washington,Landesbank Hessen-Thueringen Girozentrale

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