GOVERNOR LAMONT ANNOUNCES CONNECTICUT RECEIVES CREDIT RATING INCREASE FROM S&P
(HARTFORD, CT) – Governor Ned Lamont today announced that his administration has received notification from credit rating agency Standard & Poor’s (S&P) that it is increasing Connecticut’s general obligation bond credit rating from A+ (positive) to AA- (stable). This credit rating increase follows increases in 2021 by several other agencies, including Moody’s, S&P, Fitch, and Kroll. Prior to Governor Lamont taking office, Connecticut had not experienced an increase in its credit rating since February 2001. Governor Lamont said, “Connecticut taxpayers should celebrate today’s news. This credit rating increase will mean lower costs for critical projects that move our state forward. It is a signal to the businesses and residents that our state is on the right financial path, that we…
