S&P Global Ratings Services assigned its 'AA+' long-term rating to King County, Wash.'s $623 million 2016 series B sewer improvement and refunding revenue bonds, issued for the county's sewer system. At the same time, S&P Global affirmed its: 'AA+' long-term rating and underlying rating on the county's existing parity bonds; 'AA' rating on the county's existing junior-lien bonds; The long-term component of our dual ratings on the county's series 2001AB variable rate bonds (AAA/A-1); and The long-term component of our dual rating the county's series 2010AB long-term general obligation multi-modal bonds (AAA/A-1+). The outlook, where applicable, on all parity and junior-lien debt is stable. The long-term and short-term components of the ratings on the series 2001AB bonds are based on
