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

Standard&Poor's Ratings Services assigned its 'AAA' rating and stable outlook to Monmouth County, N.J.'s series 2015 general obligation (GO) general improvement refunding bonds and series 2015 GO open-space refunding bonds and affirmed its 'AAA' rating, with a stable outlook, on the county's existing GO debt. Standard&Poor's also assigned its 'AAA' rating and stable outlook to Monmouth County Improvement Authority, N.J.'s series 2015 governmental-pooled loan refunding revenue bonds, supported by the county. The county's unconditional and irrevocable GO guarantee ultimately secures the authority's bonds. Officials intend to use series 2015 governmental-pooled loan bond proceeds to make loans to certain school districts and a municipality in the county to refinance bonds. The county's unlimited GO pledge secures the

...Standard & Poor's Ratings Services assigned its '###' rating and stable outlook to Monmouth County, N.J.'s series 2015 general obligation (GO) general improvement refunding bonds and series 2015 GO open-space refunding bonds and affirmed its '###' rating, with a stable outlook, on the county's existing GO debt. Standard & Poor's also assigned its '###' rating and stable outlook to Monmouth County Improvement Authority, N.J.'s series 2015 governmental-pooled loan refunding revenue bonds, supported by the county. The county's unconditional and irrevocable GO guarantee ultimately secures the authority's bonds. Officials intend to use series 2015 governmental-pooled loan bond proceeds to make loans to certain school districts and a municipality in the county to refinance bonds. The county's unlimited GO pledge secures the GO debt. Officials intend to use series 2015 open-space and general improvement bond proceeds to refund open-space and general improvement bonds. The rating reflects our opinion...

Summary