• SELECT SITE CURRENCY
Select a currency for use throughout the site
Williamson, Jackson, and Franklin Counties Community Unit School District No. 4 (Herrin), IL, GO SPUR Raised To 'A+'
Standard & Poors, April 2011
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
CHICAGO (Standard & Poor's) April 25, 2011--Standard & Poor's Ratings Services raised its underlying rating (SPUR) to 'A+' from 'A' on Williamson, Jackson, and Franklin Counties Community Unit School District No. 4 (Herrin), Ill.'s previously issued general obligation (GO) debt. At the same time, we assigned our 'A+' long-term rating to the district's series 2011A alternate revenue source GO school bonds and series 2011B taxable GO school limited bonds. The outlook on all ratings is stable. The rating action is based on our view of the district's maintenance of adequate cash reserves in addition to its bond proceeds, despite delayed categorical state aid payments from the state. The ratings further reflect our view of the district's: Stable service-based economy with...
Companies mentioned in this report are: Williamson Jackson & Franklin Cnties Comnty Unit Sch Dist #4 Herrin
Action: New Rating
Action: Outlook: Stable
Williamson Jackson & Franklin Cnties Comnty Unit Sch Dist #4 Herrin