S&P Global Ratings assigned its 'AAA' rating to the State of Minnesota's series 2024A general obligation (GO) state various-purpose bonds ($893.9 million), series 2024B GO state trunk highway bonds ($352.8 million), series 2024C GO taxable state various-purpose bonds ($30.9 million), series 2024D GO state various-purpose refunding bonds ($192.7 million), and series 2024E GO state trunk highway refunding bonds ($141.2 million). At the same time, we affirmed our 'AAA' rating on the state's GO debt and our 'AA+' rating on its appropriation-backed debt. The outlook is stable. Minnesota's full faith and credit GO pledge secures the 2024A-E GO bonds. The 2024A bonds will finance various programs and capital projects, generally including educational facilities, parks, pollution control facilities, transportation, natural resources, and
