KBRA Assigns AA- Rating and Stable Outlook to State of Connecticut GO Bonds (2020 Series A) and GO Refunding Bonds (2020 Series B)
NEW YORK--(BUSINESS WIRE)--Dec 2, 2019--
Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA- and stable outlook to the State of Connecticut General Obligation Bonds (2020 Series A) and General Obligation Refunding Bonds (2020 Series B). KBRA additionally affirms the long-term rating of AA- and stable outlook on the State’s fixed-rate General Obligation Bonds as well as the long-term rating of AA- and stable outlook on the Connecticut Innovations Incorporated State of Connecticut General Fund Obligation Bonds 2014 Series A.
Issuer: State of Connecticut
General Obligation Bonds (2020 Series A)
General Obligation Refunding Bonds (2020 Series B)
General Obligation Bonds
Issuer: Connecticut Innovations, Incorporated
State of Connecticut General Fund Obligation Bonds 2014 Series A
A detailed rating report will be forthcoming.
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
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CONTACT: Analytical Contacts:
Paul Kwiatkoski, Managing Director
Patricia McGuigan, Senior Director
Peter Scherer, Associate
Business Development Contact:
William Baneky, Managing Director
James Kissane, Senior Director
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Kroll Bond Rating Agency
Copyright Business Wire 2019.
PUB: 12/02/2019 01:48 PM/DISC: 12/02/2019 01:48 PM