Kroll Bond Rating Agency (KBRA) has affirmed the long-term rating of AA- and revised the outlook from Stable to Negative on the State of Connecticut’s outstanding general obligation bonds. This rating applies to all of the state’s outstanding general obligation bonds, but excludes bonds backed by a letter of credit or liquidity facility. The state has approximately $19 billion of general obligation debt outstanding.
Please click on the link below to access the report:
State of Connecticut General Obligation Bonds
If you have any difficulties accessing the report, please contact [email protected] or visit www.kbra.com.