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BRIEF-S&P rates Massachusetts series 2016G and 2016C GO bonds 'AA+' with negative outlook
August 22, 2016 / 10:51 PM / a year ago

BRIEF-S&P rates Massachusetts series 2016G and 2016C GO bonds 'AA+' with negative outlook

Aug 22 (Reuters) - S&P On Massachusetts

* Massachusetts series 2016G and 2016C GO bonds rated ‘AA+’ with a negative outlook; other ratings affirmed

* Negative outlook reflects a projected decline in financial reserves in fiscal years 2016 and 2017

* Continued structural imbalance and reduction of reserves could contribute to a downgrade over the two-year outlook horizon Source text : bit.ly/2bKA5bX Further company coverage: [ ]

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