Hudson County, NJ GO Bond Rating Raised To 'AA' Based On Local GO Criteria - S&P Global Ratings’ Credit Research

Hudson County, NJ GO Bond Rating Raised To 'AA' Based On Local GO Criteria

Hudson County, NJ GO Bond Rating Raised To 'AA' Based On Local GO Criteria - S&P Global Ratings’ Credit Research
Hudson County, NJ GO Bond Rating Raised To 'AA' Based On Local GO Criteria
Published Jun 03, 2014
Published Jun 03, 2014
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Abstract:

NEW YORK (Standard&Poor's) June 3, 2014--Standard&Poor's Ratings Services said that it raised its rating on Hudson County, N.J.'s outstanding general obligation (GO) bonds to 'AA' from 'AA-', based on its local GO criteria released Sept. 12, 2013. At the same time, Standard&Poor's raised its rating on the county's outstanding appropriation debt to 'AA-' from 'A+'. The outlook is stable. At the same time, Standard&Poor's assigned its 'AA' rating to Hudson County's series 2014 county vocational-technical schools bonds and county college bonds. "The rating reflects our opinion of the county's strong budgetary performance and very strong liquidity," said Standard&Poor's credit analyst Linda Yip. Other factors include its: Strong economy demonstrated by

  
Report Type:

Ratings Action

Issuer
Hudson Cnty
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Hudson County, NJ GO Bond Rating Raised To 'AA' Based On Local GO Criteria" Jun 03, 2014. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Hudson-County-NJ-GO-Bond-Rating-Raised-To-AA-Based-On-Local-GO-Criteria-1326147>
  
APA:
S&P Global Ratings’ Credit Research. (). Hudson County, NJ GO Bond Rating Raised To 'AA' Based On Local GO Criteria Jun 03, 2014. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Hudson-County-NJ-GO-Bond-Rating-Raised-To-AA-Based-On-Local-GO-Criteria-1326147>
  
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