Home Credit Ratings and Research S&P Global Ratings’ Credit Research Minnesota

Minnesota's 2014A-E General Obligation Bonds Rated 'AA+'; 2014 Certificates Of Participation Rated 'AA'

Published Aug 04, 2014

About This Report

Abstract:

BOSTON (Standard&Poor's) Aug. 4, 2014--Standard&Poor's Ratings Services said that it assigned its 'AA+' rating to Minnesota's series 2014 A-E general obligation (GO) bonds and its 'AA' rating to Minnesota's series 2014 certificates of participation (COPs), which the state's appropriation payments secure. At the same time, Standard&Poor's affirmed its 'AA+' rating on Minnesota's GO state bonds outstanding, its 'AA' rating on the state's appropriation debt outstanding, and its 'A+' rating on an issue the state's moral obligation backs. The outlook is stable. "Credit factors supporting the ratings include our view of the state's deep and diverse economy, improved financial results, and moderate debt levels," said Standard&Poor's credit analyst Henry Henderson. The series 2014

Report Type:

Ratings Action

Issuer

Minnesota

Sector

Public Finance

Country

United States

Region

United States

Format:

PDF

Summary: JPMorgan Securities Taxable PUTTERs&DRIVERs Trust Series 4469Z; Residual Certificates; Tender Option Certificates/Bonds – 2014/08/19 – US$ 225.00

Minnesota Housing Finance Agency's 2015A-B Appropriation Bonds Rated 'AA', State Ratings Affirmed – 2015/02/11 – US$ 150.00

Minnesota Housing Finance Agency Minnesota; Appropriations; General Obligation; Moral Obligation – 2015/02/11 – US$ 500.00

Summary: Minnesota Housing Finance Agency Minnesota; Appropriations; General Obligation; Moral Obligation – 2015/02/11 – US$ 225.00

Minnesota Outlook Revised To Positive From Stable On Payment Of Liabilities And Improved Structural Balance – 2015/08/05 – US$ 150.00

Minnesota; Appropriations; General Obligation; Moral Obligation – 2014/08/04 – US$ 500.00

Summary: Minnesota; Appropriations; General Obligation; Moral Obligation – 2014/08/04 – US$ 225.00

Summary: Minnesota Housing Finance Agency Minnesota; Appropriations – 2014/02/05 – US$ 225.00

Bulletin: Minnesota Series 2014A And B Bond Rating Unaffected By Legal Challenge – 2014/01/15 – Free

Minnesota; Appropriations; General Obligation; Moral Obligation – 2014/01/09 – US$ 500.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Minnesota's 2014A-E General Obligation Bonds Rated 'AA+'; 2014 Certificates Of Participation Rated 'AA'" Aug 04, 2014. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Minnesota-s-2014A-E-General-Obligation-Bonds-Rated-AA-2014-Certificates-Of-Participation-Rated-AA-1351208>

APA:	S&P Global Ratings’ Credit Research. (). Minnesota's 2014A-E General Obligation Bonds Rated 'AA+'; 2014 Certificates Of Participation Rated 'AA' Aug 04, 2014. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Minnesota-s-2014A-E-General-Obligation-Bonds-Rated-AA-2014-Certificates-Of-Participation-Rated-AA-1351208>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.