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Bonds News

BRIEF-S&P- Tennessee GO rating raised to 'AAA' on stronger economy, higher reserves

May 26 (Reuters) -

* S&P On Tennessee - Tennessee GO rating raised to ‘AAA’ on stronger economy, higher reserves

* S&P On Tennessee - Expect Tennessee’s economy to exhibit healthy growth for 2016

* S&P On Tennessee - Stable outlook reflects state’s healthy economic growth, better-than-budgeted revenue performance, surplus enacted budget for FY17

* S&P On Tennessee - "Outlook reflects our view of the state's strong management of its long-term liabilities" Source - (bit.ly/1sdfh2R) (Bengaluru Newsroom: +1 646 223 8780)

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