S&P Global Ratings assigned its 'AA' long-term rating to Connecticut 's $1.6 billion senior-lien special tax obligation (STO) bonds, series 2025 A. At the same time, we affirmed our 'AA' long-term rating and underlying rating on the state's senior-lien STO bonds outstanding. The outlook is stable. DENVER (S&P Global Ratings) Nov. 17, 2025--S&P Global Ratings today took the rating actions listed above. Environmental, social, and governance factors do not materially influence our credit analysis for Connecticut or its obligations secured by sales, motor fuels, and other related taxes. Connecticut's strong management and comprehensive long-term capital planning incorporate hardening of transportation assets, and other infrastructure helps mitigate exposure to physical risks--including severe weather events, coastal flooding and erosion, and inland flooding.
