Summary: Minnesota; General Obligation - S&P Global Ratings’ Credit Research

Summary: Minnesota; General Obligation

Summary: Minnesota; General Obligation - S&P Global Ratings’ Credit Research
Summary: Minnesota; General Obligation
Published Oct 18, 2013
2692 words — Published Oct 18, 2013
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Abstract:

Standard&Poor's Ratings Services has assigned its 'AA+' rating to the State of Minnesota's general obligation (GO) series 2013D, E, and F bonds. At the same time, Standard&Poor's affirmed its 'AA+' rating on Minnesota's GO state bonds. Standard&Poor's also affirmed its 'AA' rating on the state's appropriation debt outstanding and its 'A+' rating on an issue backed by the state's moral obligation. The outlook on all ratings is stable. Credit factors supporting the ratings include our view of the state's: Deep and diverse economy, with the Minneapolis-St. Paul metropolitan statistical area, the center of the upper Midwest economy, anchoring regional economic hubs; Improved financial results, including the restoration of reserves and repayment of deferrals; financial

  
Brief Excerpt:

RESEARCH Summary: Minnesota; General Obligation Publication date: 18-Oct-2013 Primary Credit Analyst: Henry W Henderson, Boston (1) 617-530-8314; henry.henderson@standardandpoors.com Secondary Contact: Robin L Prunty, New York (1)...

  
Report Type:

Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Minnesota; General Obligation" Oct 18, 2013. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minnesota-General-Obligation-1204816>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Minnesota; General Obligation Oct 18, 2013. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minnesota-General-Obligation-1204816>
  
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