Connecticut-Related Floater And Residual Ratings Lowered To 'A+/A-1', 'A+' - S&P Global Ratings’ Credit Research

Connecticut-Related Floater And Residual Ratings Lowered To 'A+/A-1', 'A+'

Connecticut-Related Floater And Residual Ratings Lowered To 'A+/A-1', 'A+' - S&P Global Ratings’ Credit Research
Connecticut-Related Floater And Residual Ratings Lowered To 'A+/A-1', 'A+'
Published Jun 08, 2017
3 pages (1281 words) — Published Jun 08, 2017
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) June 8, 2017--S&P Global Ratings lowered the long-term ratings and long-term rating components on various floater and residual issues related to various underlying bonds. Additionally, we lowered the short-term rating component for the series 2015-XF0222 tender-option bond floater issue. These actions follow S&P Global Ratings' May 17, 2017, lowering of the Connecticut GO debt rating to 'A+' from 'AA-'. (For more information, see the article titled "Connecticut's GO Debt Downgraded To 'A+' From 'AA-' On Successive Downward State Revenue Adjustments; Outlook Stable," published May 17, 2017, on RatingsDirect.) The long-term components of the ratings on the floaters and the ratings on the residuals reflect the rating on their respective underlying bonds, as well as our

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) June 8, 2017--S&P Global Ratings lowered the long-term ratings and long-term rating components on various floater and residual issues related to various underlying bonds. Additionally, we lowered the short-term rating component for the series 2015-XF0222 tender-option bond floater issue. These actions follow S&P Global Ratings' May 17, 2017, lowering of the Connecticut GO debt rating to 'A+' from '##-'. (For more information, see the article titled "Connecticut's GO Debt Downgraded To 'A+' From '##-' On Successive Downward State Revenue Adjustments; Outlook Stable," published May 17, 2017, on RatingsDirect.)...

  
Report Type:

Ratings Action

Issuer
Connecticut
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Connecticut-Related Floater And Residual Ratings Lowered To 'A+/A-1', 'A+'" Jun 08, 2017. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Connecticut-Related-Floater-And-Residual-Ratings-Lowered-To-A-A-1-A-1864632>
  
APA:
S&P Global Ratings’ Credit Research. (). Connecticut-Related Floater And Residual Ratings Lowered To 'A+/A-1', 'A+' Jun 08, 2017. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Connecticut-Related-Floater-And-Residual-Ratings-Lowered-To-A-A-1-A-1864632>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.