...June 20, 2019 SAN FRANCISCO (S&P Global Ratings) June 20, 2019--S&P Global Ratings assigned its '###/A-1+' dual rating to King County, Wash.'s $148.1 million 2019A and 2019B multimodal limited-tax general obligation (GO) refunding bonds (payable from sewer revenue). At the same time, S&P Global Ratings affirmed the following ratings: - '###' long-term rating and underlying rating (SPUR) on King County's existing general obligation (GO) bonds; - '###' long-term rating on the King County Housing Authority's existing bonds, which are backed by a contingent loan agreement and credit enhancement agreement with the county; - '###' long-term rating on certain county GO bonds that are also backed by a second lien on sewer revenue; and - '###' long-term rating on certain county lease revenue bonds. The outlook is stable. The '###' long-term component of the rating on the series 2019A and 2019B bonds as well as the county's limited-tax GO bonds outstanding reflects our view of the county's general...
