...S&P Global Ratings assigned its '##+' long-term rating to King County, Wash.'s series 2020A sewer improvement and refunding revenue bonds and series 2020B (taxable) sewer refunding revenue bonds. At the same time, S&P Global Ratings assigned its '##' long-term rating to King County's junior-lien sewer revenue refunding bonds, series 2020A and 2020B (mandatory put bonds). S&P Global Ratings also affirmed its various ratings on King County, Wash.'s outstanding debt, including its: + '##+' long-term rating on the county's parity-lien sewer revenue bonds, + '##' rating and underlying rating (SPUR) on the county's junior-lien sewer revenue bonds, and + '##+/A-1' rating on the county's joint criteria bonds. The outlook, where applicable, is stable. The series 2020A bonds will have a par amount of approximately $174.2 million and provide funds to acquire and construct improvements to the county's sewer system, provide a deposit to the parity bond reserve account, and defease and refund (subject...
