Summary: Hartford County Metropolitan District, Connecticut; General Obligation - S&P Global Ratings’ Credit Research

Summary: Hartford County Metropolitan District, Connecticut; General Obligation

Summary: Hartford County Metropolitan District, Connecticut; General Obligation - S&P Global Ratings’ Credit Research
Summary: Hartford County Metropolitan District, Connecticut; General Obligation
Published Jan 29, 2016
6 pages (2738 words) — Published Jan 29, 2016
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services has assigned its 'AA+' long-term rating to Hartford County Metropolitan District, Conn.'s general obligation (GO) bonds, series 2016. At the same time, Standard&Poor's affirmed its 'AA+' long-term and underlying ratings on the district's previously issued parity debt. The outlook is stable. The 'AA+' rating reflects our opinion of the district's: Stable and affluent service area, which consists of eight member municipalities in the Hartford region; Strong financial performance coupled with very strong available reserves; and Sizable capital improvement plan that stems from a consent decree. The district's full faith and credit pledge secures the GO bonds. We understand bond proceeds will permanently finance a portion of the district's bond anticipation notes maturing March

  
Brief Excerpt:

...Standard & Poor's Ratings Services has assigned its '##+' long-term rating to Hartford County Metropolitan District, Conn.'s general obligation (GO) bonds, series 2016. At the same time, Standard & Poor's affirmed its '##+' long-term and underlying ratings on the district's previously issued parity debt. The outlook is stable....

  
Report Type:

Summary

Issuer
Sector
Public Finance, Structured Finance
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Hartford County Metropolitan District, Connecticut; General Obligation" Jan 29, 2016. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hartford-County-Metropolitan-District-Connecticut-General-Obligation-1570181>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Hartford County Metropolitan District, Connecticut; General Obligation Jan 29, 2016. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hartford-County-Metropolitan-District-Connecticut-General-Obligation-1570181>
  
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