S&P Global Ratings assigned its 'AA' rating to Metropolitan District Hartford County (MDC), Conn.'s general obligation (GO) series 2019A, B, and C bonds. At the same time, we affirmed our 'AA' long-term rating to the district's outstanding GO bonds. The outlook on all the bonds is stable. The district's full faith and credit pledge secures the GO bonds. The 2019A bonds are new-money bonds used to fund $90 million in various capital improvement projects. The 2019B bonds will refund outstanding series 2010A bonds used for various water and sewer projects, and the 2019C bonds will refund the 2010B bond used to fund the Clean Water Project. MDC provides water and sewer services to roughly 10% of the state of Connecticut
