January 18, 2018 / 10:52 PM / 4 months ago

BRIEF-S&P Revises Outlook On Houston General Obligation Bonds To Stable From Negative

Jan 18 (Reuters) - S&P:

* S&P SAYS OUTLOOK ON HOUSTON, TX GENERAL OBLIGATION BONDS REVISED TO STABLE FROM NEGATIVE ON PENSION CHANGES; ‘AA’ RATING AFFIRMED‍​

* S&P SAYS HOUSTON GO BONDS OUTLOOK CHANGE REFLECTS VIEW THAT CHANGES TO PENSION PLANS LIKELY TO HAVE POSITIVE EFFECT ON ABILITY TO ADDRESS UNFUNDED LIABILITY Source text: (bit.ly/2DoO8UQ)

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