...SAN FRANCISCO (S&P Global Ratings) Feb. 1, 2019--S&P Global Ratings assigned its '###' long-term rating to King County, Wash.'s 2019A limited-tax general obligation (GO) refunding bonds, with a planned par amount of $43 million. At the same time, S&P Global Ratings affirmed its outstanding: + '###' long-term rating and underlying rating (SPUR) on King County's existing GO bonds; + '###' long-term rating on the King County Housing Authority's (KCHA) 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 pledge of sewer revenues; and + '###' long-term rating on certain county lease revenue bonds. The outlook on all ratings is stable. "The ratings reflect our view of King County's dynamic and diverse economic strength; effective, performance-oriented management; and robust fiscal performance," said S&P Global Ratings credit analyst Benjamin Geare....
