Summary: Monmouth County Improvement Authority, New Jersey Monmouth County; General Obligation; General Obligation Equivalent Security

Standard&Poor's Ratings Services assigned its 'AAA' rating and stable outlook to Monmouth County Improvement Authority, N.J.'s series 2014 governmental-pooled loan refunding revenue bonds, supported by Monmouth County, and affirmed its 'AAA' rating, with a stable outlook, on the authority's existing appropriation debt, supported by the county. In addition, Standard&Poor's affirmed its 'AAA' rating, with a stable outlook, on the county's general obligation (GO) debt based on Standard&Poor's local GO criteria, published Sept. 12, 2013, on RatingsDirect. The county's unconditional and irrevocable GO guarantee ultimately secures the bonds. Officials intend to use bond proceeds to refund a portion of the authority's series 2006 governmental loan revenue bonds. The rating reflects our opinion of the following

...Standard & Poor's Ratings Services assigned its '###' rating and stable outlook to Monmouth County Improvement Authority, N.J.'s series 2014 governmental-pooled loan refunding revenue bonds, supported by Monmouth County, and affirmed its '###' rating, with a stable outlook, on the authority's existing appropriation debt, supported by the county. In addition, Standard & Poor's affirmed its '###' rating, with a stable outlook, on the county's general obligation (GO) debt based on Standard & Poor's local GO criteria, published Sept. 12, 2013, on RatingsDirect. The county's unconditional and irrevocable GO guarantee ultimately secures the bonds. Officials intend to use bond proceeds to refund a portion of the authority's series 2006 governmental loan revenue bonds. The rating reflects our opinion of the following factors for the county, specifically its:...

Summary