NEW YORK--(BUSINESS WIRE)--On May 24, 2018, Kroll Bond Rating Agency (KBRA) assigned a AA- with a Negative Outlook to the State of Connecticut General Obligation Bonds (2018 Series C) & General Obligation Refunding Bonds (2018 Series D). Additionally, KBRA has affirmed the long-term rating of AA- with a Negative Outlook on the State of Connecticut’s outstanding General Obligation Bonds and K1+ of on the State of Connecticut’s General Obligation Bond Anticipation Notes (2017 Series A). KBRA has also affirmed the long-term rating of AA- with a Negative Outlook on the State of Connecticut General Fund Obligation Bonds 2014 Series A issued by Connecticut Innovations, Inc.
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Related Publications: (available at www.kbra.com)
- State of Connecticut Taxable GO Bonds (2017 Series A) & GO Bond Anticipation Notes (2017 Series A) Rating Report
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KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and 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.