Press Release|Public Finance

KBRA Releases Rating Report Assigning AA+ Rating to Various State of Connecticut General Obligation Bonds; Affirming Rating for Parity Bonds

3 Apr 2025   |   New York

Contacts

On April 2, 2025, KBRA assigned a long-term rating of AA+ to the State of Connecticut: General Obligation Bonds (2025 Series A); General Obligation Refunding Bonds (2025 Series B); and, Taxable General Obligation Bonds (2025 Series A). KBRA additionally affirmed the long-term rating of AA+ for the State's outstanding General Obligation Bonds. The rating Outlook is Stable.

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About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1008929