King County, WA Limited Tax And Refunding GO Bonds Assigned 'AAA' Rating - S&P Global Ratings’ Credit Research

King County, WA Limited Tax And Refunding GO Bonds Assigned 'AAA' Rating

King County, WA Limited Tax And Refunding GO Bonds Assigned 'AAA' Rating - S&P Global Ratings’ Credit Research
King County, WA Limited Tax And Refunding GO Bonds Assigned 'AAA' Rating
Published Mar 23, 2023
2 pages (1270 words) — Published Mar 23, 2023
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About This Report

  
Abstract:

SAN FRANCISCO (S&P Global Ratings) March 23, 2023--S&P Global Ratings assigned its 'AAA' long-term rating to King County, Wash.'s expected $76.86 million limited-tax general obligation (GO) and refunding bonds, series 2023A. At the same time, S&P Global Ratings affirmed its 'AAA' long-term rating and underlying rating (SPUR) on the county's previously issued GO debt, some series of which have a concurrent pledge of the county's sewer utility. S&P Global Ratings also affirmed its 'AAA' long-term rating on certain obligations of the King County Housing Authority to which the county has provided credit enhancement. S&P Global Ratings also affirmed its 'AAA/A-1+' rating on the county's series 2019A and B obligations that include a standby bond purchase agreement with TD Bank N.A. Finally,

  
Brief Excerpt:

...March 23, 2023 SAN FRANCISCO (S&P Global Ratings) March 23, 2023--S&P Global Ratings assigned its '###' long-term rating to King County, Wash.'s expected $76.86 million limited-tax general obligation (GO) and refunding bonds, series 2023A. At the same time, S&P Global Ratings affirmed its '###' long-term rating and underlying rating (SPUR) on the county's previously issued GO debt, some series of which have a concurrent pledge of the county's sewer utility. S&P Global Ratings also affirmed its '###' long-term rating on certain obligations of the King County Housing Authority to which the county has provided credit enhancement. S&P Global Ratings also affirmed its '###/A-1+' rating on the county's series 2019A and B obligations that include a standby bond purchase agreement with TD Bank N.A. Finally, S&P Global Ratings affirmed its 'A-1+' short-term rating on the county's commercial paper (CP) program. The outlook, where applicable, is stable. "The rating reflects our view of the county's...

  
Report Type:

Ratings Action

Issuer
King County
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "King County, WA Limited Tax And Refunding GO Bonds Assigned 'AAA' Rating" Mar 23, 2023. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/King-County-WA-Limited-Tax-And-Refunding-GO-Bonds-Assigned-AAA-Rating-2964074>
  
APA:
S&P Global Ratings’ Credit Research. (). King County, WA Limited Tax And Refunding GO Bonds Assigned 'AAA' Rating Mar 23, 2023. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/King-County-WA-Limited-Tax-And-Refunding-GO-Bonds-Assigned-AAA-Rating-2964074>
  
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