Summary: King County, Washington; CP; General Obligation; General Obligation Equivalent Security

S&P Global Ratings assigned its 'AAA' long-term rating to  King County, Wash.'s expected $76.86 million limited-tax general obligation (GO) and refunding bonds, series 2023A. At the same time, S&P Global Ratings affirmed its 'AAA' long-term rating and underlying rating (SPUR) on the county's previously issued GO debt, some series of which have a concurrent pledge of the county's sewer utility. S&P Global Ratings also affirmed its 'AAA' long-term rating on certain obligations of the King County Housing Authority to which the county has provided credit enhancement. S&P Global Ratings also affirmed its 'AAA/A-1+' rating on the county's series 2019A and B obligations that include a standby bond purchase agreement with TD Bank N.A. Finally, S&P Global Ratings affirmed its 'A-1+'

...+ S&P Global Ratings assigned its '###' long-term rating to King County, Wash.'s expected $76.86 million limited-tax general obligation (GO) and refunding bonds, series 2023A. + At the same time, S&P Global Ratings affirmed its '###' long-term rating and underlying rating (SPUR) on the county's previously issued GO debt, some series of which have a concurrent pledge of the county's sewer utility. + S&P Global Ratings also affirmed its '###' long-term rating on certain obligations of the King County Housing Authority to which the county has provided credit enhancement. + S&P Global Ratings also affirmed its '###/A-1+' rating on the county's series 2019A and B obligations that include a standby bond purchase agreement with TD Bank N.A. + Finally, S&P Global Ratings affirmed its 'A-1+' short-term rating on the county's commercial paper (CP) program. + The outlook, where applicable, is stable....

Summary