S&P Global Ratings revised the outlook to positive from stable and affirmed its 'AA-' rating on the State of Connecticut ?s general obligation (GO) debt and debt secured by a special capital reserve fund, which we view to be on par with that of the state GO rating as state-supported GO-equivalent securities, including various issues by the Connecticut Housing Finance Authority, the Connecticut Health&Educational Facilities Authority, the University of Connecticut, and the Connecticut Green Bank. Concurrently, we revised the outlook to positive from stable and affirmed our 'AA' rating on the state?s senior-lien special tax obligation (STO) bonds, our 'A+' rating on the state's appropriation-secured debt, and our 'A-' rating on obligations secured by the state?s moral obligation.
