Summary: Metropolitan District Hartford County, Connecticut; General Obligation

S&P Global Ratings assigned its 'AA' rating to Metropolitan District Hartford County (MDC), Conn.'s $130.6 million general obligation (GO) bonds, issue of 2021, series A, and $15.3 million GO forward-delivery refunding bonds, series B. At the same time, S&P Global Ratings affirmed its 'AA' long-term rating on the district's GO bonds outstanding. The outlook is stable. The district's full faith and credit pledge secures the GO bonds. Proceeds from series A will be used to permanently finance bond anticipation notes (BANs) outstanding (rated 'SP-1+'); and for various sewer, water, and public improvement projects. Series B proceeds will refund the 2013 series A bonds. MDC provides water and sewer services to approximately 101,000 customers in the capital region of Connecticut. The

...S&P Global Ratings assigned its '##' rating to Metropolitan District Hartford County (MDC), Conn.'s $130.6 million general obligation (GO) bonds, issue of 2021, series A, and $15.3 million GO forward-delivery refunding bonds, series B. At the same time, S&P Global Ratings affirmed its '##' long-term rating on the district's GO bonds outstanding. The outlook is stable. The district's full faith and credit pledge secures the GO bonds. Proceeds from series A will be used to permanently finance bond anticipation notes (BANs) outstanding (rated 'SP-1+'); and for various sewer, water, and public improvement projects. Series B proceeds will refund the 2013 series A bonds....

Summary