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Published on 3/17/2008 in the Prospect News Municipals Daily.

S&P rates Hennepin County, Minn., ballpark bonds AA+

Standard & Poor's said it assigned an AA+ rating and stable outlook to Hennepin County, Minn.'s $120 million of second-lien sales tax revenue bonds (ballpark project), series 2008B.

At the same time, S&P said it affirmed the AAA rating and stable outlook on the county's first-lien sales-tax-backed debt.

The series 2008B bonds will be dated April 10, 2008 and due Dec. 15, 2029.


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