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BRIEF-S&P rates Minnesota Series 2017A-E GO bonds 'AA+' with stable outlook
September 21, 2017 / 4:05 PM / 2 months ago

BRIEF-S&P rates Minnesota Series 2017A-E GO bonds 'AA+' with stable outlook

Sept 21 (Reuters) - S&P:

* S&P says Minnesota’s Series 2017A-E general obligation bonds rated ‘AA+’ with a stable outlook; other ratings affirmed‍​

* Says affirmed ‘AA+’ rating on Minnesota’s GO debt, ‘AA’ rating on appropriation-backed debt, ‘A+’ rating on moral obligation debt

* Says stable outlook reflects view of budget impasse, partially stemming from political disruption generally uncharacteristic of Minnesota Source text - (bit.ly/2ystUTX)

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