Pennsylvania's Second Series Of 2015 General Obligation Bonds And First Refunding Series Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research

Pennsylvania's Second Series Of 2015 General Obligation Bonds And First Refunding Series Bonds Rated 'AA-'

Pennsylvania's Second Series Of 2015 General Obligation Bonds And First Refunding Series Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research
Pennsylvania's Second Series Of 2015 General Obligation Bonds And First Refunding Series Bonds Rated 'AA-'
Published May 26, 2015
Published May 26, 2015
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Abstract:

NEW YORK (Standard&Poor's) May 26, 2015--Standard&Poor's Ratings Services has assigned its 'AA-' rating to Pennsylvania's second series of 2015 general obligation (GO) and first refunding series bonds. At the same time, Standard&Poor's affirmed its 'AA-' rating on the state's GO debt outstanding, its 'A+' rating on the commonwealth's appropriation-backed debt outstanding, its 'A' rating on several tax increment financing projects backed by appropriations from the Commonwealth Finance Authority, and its 'A-' rating on Pennsylvania's moral obligation debt. The outlook is stable. "The state's diverse economy and good income levels continue to be key credit strengths, in our opinion," said Standard&Poor's credit analyst John Sugden. The GO rating reflects what we view as

  
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Ratings Action

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Global Issuers, Public Finance, Structured Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Pennsylvania's Second Series Of 2015 General Obligation Bonds And First Refunding Series Bonds Rated 'AA-'" May 26, 2015. Alacra Store. Jul 17, 2019. <http://www.alacrastore.com/s-and-p-credit-research/Pennsylvania-s-Second-Series-Of-2015-General-Obligation-Bonds-And-First-Refunding-Series-Bonds-Rated-AA-1400440>
  
APA:
S&P Global Ratings’ Credit Research. (). Pennsylvania's Second Series Of 2015 General Obligation Bonds And First Refunding Series Bonds Rated 'AA-' May 26, 2015. New York, NY: Alacra Store. Retrieved Jul 17, 2019 from <http://www.alacrastore.com/s-and-p-credit-research/Pennsylvania-s-Second-Series-Of-2015-General-Obligation-Bonds-And-First-Refunding-Series-Bonds-Rated-AA-1400440>
  
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