Summary: West Hartford, Connecticut; General Obligation - S&P Global Ratings’ Credit Research

Summary: West Hartford, Connecticut; General Obligation

Summary: West Hartford, Connecticut; General Obligation - S&P Global Ratings’ Credit Research
Summary: West Hartford, Connecticut; General Obligation
Published Jan 29, 2020
9 pages (4316 words) — Published Jan 29, 2020
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Abstract:

S&P Global Ratings assigned its 'AAA' long-term rating to West Hartford, Conn.'s series 2020A general obligation (GO) bonds. At the same time, S&P Global Ratings affirmed its 'AAA' rating on the town's GO debt outstanding. The outlook is stable. West Hartford's full faith and credit pledge, payable from the levy of an unlimited ad valorem tax on all taxable property in the town, secures the bonds and GO debt outstanding. Proceeds from the series 2020 bonds will fund several capital projects outlined in the town's capital improvement plan (CIP). The bonds are level principal amortization maturing in 15 years, in accordance with its debt management policies. West Hartford has a very strong set of financial policies and controls that are

  
Brief Excerpt:

...S&P Global Ratings assigned its '###' long-term rating to West Hartford, Conn.'s series 2020A general obligation (GO) bonds. At the same time, S&P Global Ratings affirmed its '###' rating on the town's GO debt outstanding. The outlook is stable....

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: West Hartford, Connecticut; General Obligation" Jan 29, 2020. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-Connecticut-General-Obligation-2374613>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: West Hartford, Connecticut; General Obligation Jan 29, 2020. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-West-Hartford-Connecticut-General-Obligation-2374613>
  
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