• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Atlanta Independent School System, GA's Series 2011A-B Certificates Rated 'AA-' On Strong Financial Performance Jun 11 Product Image

Atlanta Independent School System, GA's Series 2011A-B Certificates Rated 'AA-' On Strong Financial Performance Jun 11

  • ID: 1820835
  • June 2011
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) June 1, 2011--Standard & Poor's Ratings Services said today it has assigned its 'AA-' rating to Education Reform Success Inc., Ga.'s series 2011A qualified school construction and 2011B certificates of participation (COPs), issued on behalf of Atlanta Independent School System. "The rating reflects our view of a lease structure that includes the system's covenant to budget and appropriate lease payments annually, as well as our assessment of the system's general credit characteristics," said Standard & Poor's credit analyst Le T. Quach. The general credit characteristics include what Standard & Poor's views as a: Strong service area, with the City of Atlanta serving as the state's economic and political center; Strong historical financial performance with good...

Companies mentioned in this report are: Atlanta Pub Schs,Atlanta Independent School District,Education Reform Success, Inc.
Action: Affirmed
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 READ MORE >

Atlanta Pub Schs,Atlanta Independent School District,Education Reform Success, Inc.

Note: Product cover images may vary from those shown

RELATED PRODUCTS