NEW YORK–(BUSINESS WIRE)–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.
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Issuer: State of Connecticut |
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Assigned |
Rating |
Outlook |
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General Obligation Bonds (2020 Series A) |
AA- |
Stable |
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General Obligation Refunding Bonds (2020 Series B) |
AA- |
Stable |
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Affirmed |
Rating |
Outlook |
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General Obligation Bonds |
AA- |
Stable |
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Issuer: Connecticut Innovations, Incorporated |
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Affirmed |
Rating |
Outlook |
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State of Connecticut General Fund Obligation Bonds 2014 Series A |
AA- |
Stable |
A detailed rating report will be forthcoming.
CONNECT
WITH KBRA
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
[email protected]
Patricia McGuigan, Senior Director
(646) 731-3350
[email protected]
Peter Scherer, Associate
(646) 731-2325
[email protected]
Business Development Contact:
William Baneky, Managing Director
(646) 731-2409
[email protected]
James Kissane, Senior Director
(213) 806-0026
[email protected]
