Summary: Connecticut; Appropriations; General Obligation; General Obligation Equivalent Security; Moral Obligation

Standard&Poor's Ratings Services has assigned its 'AA' rating and negative outlook to the State of Connecticut's $585 million general obligation (GO), 2015 series F bonds and $65 million GO green bonds 2015 series G. At the same time, Standard&Poor's has affirmed its 'AA' rating on the state's GO debt outstanding, its 'AA-' rating on state appropriation-secured debt, and its 'A' rating on Connecticut's moral obligation debt outstanding. The outlook on all debt is negative. The 'AA' rating reflects what we view as Connecticut's: Diverse economic base, which has experienced cyclical performance over time; High wealth and income levels; Ongoing revenues and expenditures that are near alignment, following significant use of one-time budget balancing measures during the

...Standard & Poor's Ratings Services has assigned its '##' rating and negative outlook to the State of Connecticut's $585 million general obligation (GO), 2015 series F bonds and $65 million GO green bonds 2015 series G. At the same time, Standard & Poor's has affirmed its '##' rating on the state's GO debt outstanding, its '##-' rating on state appropriation-secured debt, and its 'A' rating on Connecticut's moral obligation debt outstanding. The outlook on all debt is negative. The '##' rating reflects what we view as Connecticut's:...

Summary