Summary: Hudson County, New Jersey; Appropriations; General Obligation; General Obligation Equivalent Security; School State Program - S&P Global Ratings’ Credit Research

Summary: Hudson County, New Jersey; Appropriations; General Obligation; General Obligation Equivalent Security; School State Program

Summary: Hudson County, New Jersey; Appropriations; General Obligation; General Obligation Equivalent Security; School State Program - S&P Global Ratings’ Credit Research
Summary: Hudson County, New Jersey; Appropriations; General Obligation; General Obligation Equivalent Security; School State Program
Published Nov 17, 2014
Published Nov 17, 2014
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services assigned its 'AA' rating and stable outlook to Hudson County, N.J.'s general obligation (GO) bonds series 2014. At the same time, Standard&Poor's affirmed its 'AA' rating on the county's GO debt outstanding and its the 'AA-' rating on the county's appropriation backed debt. The outlook is stable. The bonds are secured by the full-faith-and-credit pledge of Hudson County. We understand bond proceeds, along with nearly $20 million from grants and other funds on hand, will be used to redeem about $94 million of bond anticipation notes coming due in December 2014. Our rating on Hudson County reflects what we view as its: Strong economy, as demonstrated by strong wealth and incomes, as well

  
Report Type:

Summary

Issuer
Hudson Cnty
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Hudson County, New Jersey; Appropriations; General Obligation; General Obligation Equivalent Security; School State Program" Nov 17, 2014. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hudson-County-New-Jersey-Appropriations-General-Obligation-General-Obligation-Equivalent-Security-School-State-Program-1369787>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Hudson County, New Jersey; Appropriations; General Obligation; General Obligation Equivalent Security; School State Program Nov 17, 2014. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hudson-County-New-Jersey-Appropriations-General-Obligation-General-Obligation-Equivalent-Security-School-State-Program-1369787>
  
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