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S&P reaffirms Middlesex County’s AAA rating as county readies Helix life‑sciences lease; public questions lease terms
Summary
S&P Global affirmed Middlesex County’s AAA rating on April 2, 2026 as officials cited county‑guaranteed lease revenue bonds for the Helix life‑sciences project; a public commenter pressed county staff for lease length, floor counts and annual costs, which were not fully specified at the meeting.
S&P Global on April 2 affirmed Middlesex County’s AAA bond rating for the 25th consecutive year, a rating the county said was issued in anticipation of MCIA county‑guaranteed lease revenue bonds to support the Helix life‑sciences building.
Commissioner Lassy Comp told the board the rating supports a project intended to position New Jersey and Middlesex County as hubs for life sciences, research…
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