S&P Global Ratings assigned its 'AA+' long-term rating to the city of East Haddam , Conn.'s approximately $6.565 million series 2025 general obligation (GO) bonds. We also affirmed our 'AA+' long-term rating on the town's GO debt outstanding and our ?SP-1+? rating on its outstanding bond anticipation notes (BANs). The outlook, where applicable, is stable. NEW YORK (S&P Global Ratings) May 12, 2025—S&P Global Ratings today took the rating actions listed above. We view the town's social, and governance (ESG) factors as neutral in our rating analysis. Although most of the town is elevated, some of the town's river-facing areas are vulnerable to flooding. The town is working on a plan for certain areas to address flooding-related concerns and is
