...S&P Global Ratings assigned its 'SP-1+' short-term rating to Hudson County Improvement Authority, N.J.'s series 2019B county-guaranteed pooled notes, consisting of tax-exempt series 2019B-1A and 2019B-1B notes and federally taxable series 2019B-2 notes, issued for Hudson County, and affirmed its 'SP-1+' short-term rating on the authority's existing notes. At the same time, S&P Global Ratings assigned its '##' long-term rating and stable outlook to the authority's series 2019 county-guaranteed solid waste system revenue refunding bonds and affirmed its '##' long-term rating, with a stable outlook, on Hudson County's general obligation (GO) debt and the authority's existing GO-backed debt. S&P Global Ratings also affirmed its '##-' long-term rating and underlying rating (SPUR), with a stable outlook, on the county's appropriation-backed obligations. The short-term rating reflects our opinion of Hudson County's general creditworthiness and market-risk profile, which we consider low. The low...
