S&P Global Ratings assigned its 'AA-' long-term rating to Cuyahoga County, Ohio's $129.3 million series 2024 refunding certificates of participation (Convention Hotel Project). At the same time, S&P Global Ratings affirmed its 'AA' long-term rating on the county's previously issued general obligation (GO) and nontax revenue debt and its 'AA-' long-term rating on the county's previously issued appropriation-secured debt, based on the application of its "Methodology for Rating U.S. Governments," published Sept. 9, 2024, on RatingsDirect. The outlook is stable. Cuyahoga County will make base rent payments in amounts sufficient to pay principal and interest on the series 2024 certificates to the Cleveland-Cuyahoga County Port Authority pursuant to a lease purchase agreement. Under a trust agreement, the port authority will
