NEW YORK (Standard&Poor's) Nov. 4, 2002—Standard&Poor's Ratings Services said today it assigned its double-'A'-minus rating to Connecticut's special tax obligation bonds (transportation infrastructure purpose) 2002 series B due Dec. 1, 2022, scheduled to sell Nov. 13. The outlook is stable, based on continued balanced operations in the special transportation fund and coverage levels that consistently exceed 2 times maximum annual debt service. State support for the statewide transportation infrastructure program is also an important consideration for the rating. Standard&Poor's also said today it affirmed its double-'A'-minus rating on the state's approximately $3 billion in outstanding special tax obligation bonds (transportation infrastructure purpose). "The rating on the 2002 series B bonds reflects strong legal provisions
