• SELECT SITE CURRENCY
Select a currency for use throughout the site
Summary: Menasha Joint School District, Wisconsin; General Obligation May 11
Standard & Poors, May 2011
Standard & Poor's Ratings Services assigned its 'AA-' rating to Menasha Joint School District, Wis.' taxable general obligation (GO) qualified energy conservation notes (QECNs), series 2011. Standard & Poor's also affirmed its 'AA-' rating on the district's GO school refunding bonds outstanding. The outlook is stable. The rating reflects our view of the district's: Stable local economy, with access to the more diverse Green Bay and Fond Du Lac area economies; Good income levels, as measured by per capita effective buying income; Very strong financial reserves paired with good financial management practices; and Moderate overall net debt burden. The notes are secured with a direct annual irrepealable tax in years 2011 through 2020 for the sinking fund and interest payments...
Companies mentioned in this report are: Menasha Jt Sch Dist
Action: New Rating
Action: Outlook: Stable
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.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Menasha Jt Sch Dist