KBRA Releases Report Assigning 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)–On December 2, 2019, Kroll Bond Rating Agency (KBRA) assigned 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 affirmed 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

Assigned

Rating

Outlook

General Obligation Bonds (2020 Series A)

AA-

Stable

General Obligation Refunding Bonds (2020 Series B)

AA-

Stable

Affirmed

Rating

Outlook

General Obligation Bonds

AA-

Stable

Issuer: Connecticut Innovations, Incorporated

Affirmed

Rating

Outlook

State of Connecticut General Fund Obligation Bonds 2014 Series A

AA-

Stable

To access the report, click here.

CONNECT

WITH KBRA

Twitter
LinkedIn
YouTube

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.

Contacts

Analytical Contacts:

Paul Kwiatkoski, Managing Director

(646) 731-7105

pkwiatkoski@kbra.com

Patricia McGuigan, Senior Director

(646) 731-3350

pmcguigan@kbra.com

Peter Scherer, Associate

(646) 731-2325

pscherer@kbra.com

Business Development Contact:

William Baneky, Managing Director

(646) 731-2409

bbaneky@kbra.com

James Kissane, Senior Director

(213) 806-0026

jkissane@kbra.com

error: Content is protected !!