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 Apr 04, 2016
7 pages (2788 words) — Published Apr 04, 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 Metropolitan District Hartford County (MDC or the district), Conn.'s general obligation (GO) issue of 2016 Series B refunding bonds. 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 on all ratings 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 be

  
Brief Excerpt:

...Standard & Poor's Ratings Services has assigned its '##+' long-term rating to Metropolitan District Hartford County (MDC or the district), Conn.'s general obligation (GO) issue of 2016 Series B refunding bonds. At the same time, Standard & Poor's affirmed its '##+' long-term and underlying ratings on the district's previously issued parity debt. The outlook on all ratings is stable. The '##+' rating reflects our opinion of the district's:...

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Hartford County Metropolitan District, Connecticut; General Obligation" Apr 04, 2016. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hartford-County-Metropolitan-District-Connecticut-General-Obligation-1608457>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Hartford County Metropolitan District, Connecticut; General Obligation Apr 04, 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-1608457>
  
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