...SAN FRANCISCO (Standard & Poor's) Nov. 19, 2015--Standard & Poor's Ratings Services assigned its '###' long-term rating to King County, Wash.'s approximately $170.88 million series 2015E limited-tax general obligation (GO) refunding bonds. In addition, Standard & Poor's affirmed its: + '###' long-term rating and underlying rating (SPUR) on the county's previously issued GO bonds; + '##+' long-term rating and SPUR on the county's appropriation obligations; + '###' long-term rating on the King County Housing Authority's bonds backed by a contingent loan agreement with the county; and + '###/A-1+' rating on certain county GO debt, with the short-term rating based on the State Street Bank & Trust Co. short term rating as liquidity provider. The outlook, where applicable, is stable. "The rating reflects our view of the county's very strong management and budgetary flexibility," said Standard & Poor's credit analyst Kate Burroughs. "The rating further reflects our view of the county's very strong...
