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

Summary: Hudson County, New Jersey; School State Program

Summary: Hudson County, New Jersey; School State Program - S&P Global Ratings’ Credit Research
Summary: Hudson County, New Jersey; School State Program
Published May 15, 2024
7 pages (2991 words) — Published May 15, 2024
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA' long-term and underlying rating to Hudson County, N.J.'s approximately $7.3 million series 2024 general obligation (GO) bonds consisting of the county's series 2024 vocational-technical (vo-tech) school bonds and series 2024 county college bonds. The outlook is stable. Hudson County's full-faith-and-credit pledge to pay principal and interest from the levy and collection of ad valorem taxes, without limit as to rate or amount, secures the bonds and existing GO debt. The New Jersey Fund for the Support of Free Public Schools program provides additional bond security for the county's series 2024 vo-tech bonds and previously issued vo-tech bonds. The program pledges a portion of a state fund's assets for a school district's debt service should

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##' long-term and underlying rating to Hudson County, N.J.'s approximately $7.3 million series 2024 general obligation (GO) bonds consisting of the county's series 2024 vocational-technical (vo-tech) school bonds and series 2024 county college bonds. + The outlook is stable....

  
Report Type:

Summary

Issuer
Hudson County
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Hudson County, New Jersey; School State Program" May 15, 2024. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hudson-County-New-Jersey-School-State-Program-3174224>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Hudson County, New Jersey; School State Program May 15, 2024. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Hudson-County-New-Jersey-School-State-Program-3174224>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.