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BRIEF-‍Fitch rates State of Washington's $555 million GO Bonds 'AA+', outlook stable​
August 30, 2017 / 6:55 PM / 3 months ago

BRIEF-‍Fitch rates State of Washington's $555 million GO Bonds 'AA+', outlook stable​

Aug 30 (Reuters) - Fitch:‍

* Fitch rates State of Washington’s $555 million GO Bonds ‘AA+', outlook stable​

* Also affirmed State of Washington’s ‘AA+’ Issuer Default Rating (IDR), ‘AA+’ rating on state’s approximately $20 billion in outstanding GO Bonds​

* Washington’s spending growth, absent policy actions, to likely be above revenue growth, requiring regular budget management to ensure ongoing balance​ Source text for Eikon:

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