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Summary: Hudson County, New Jersey; General Obligation; General Obligation Equivalent Security; School State Program Jun 12 Product Image

Summary: Hudson County, New Jersey; General Obligation; General Obligation Equivalent Security; School State Program Jun 12

  • Published: June 2012
  • Region: New Jersey
  • Standard & Poors

FEATURED COMPANIES

  • Hudson Cnty
  • Hudson Cnty Imp Auth
  • MORE

Abstract
Standard & Poor's Ratings Services assigned its 'AA-' rating and stable outlook to Hudson County, N.J.'s series 2012 general obligation (GO) bonds and affirmed its 'AA-' rating, with a stable outlook, on the county's parity debt. In addition, Standard & Poor's also affirmed its 'AA-' rating, with a stable outlook, on the county's GO school bonds, reflecting our assessment of the security provided by the New Jersey Fund for the Support of Free Public Schools Program. The ratings reflect our opinion of the county's: Diverse economy with additional access to New York City's economy; Continued property tax base and market value growth; Maintenance of good finances; and Low debt, coupled with modest additional borrowing plans. We believe what we consider...

Companies mentioned in this report are:
- Hudson Cnty
- New Jersey Educl Facs Auth
- Hudson Cnty Imp Auth

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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

- Hudson Cnty
- New Jersey Educl Facs Auth
- Hudson Cnty Imp Auth

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