Summary: Wyandotte County/Kansas City Unified Government, Kansas; Appropriations; General Obligation Jul 12
- Language: English
- Published: July 2012
- Region: Kansas
Standard & Poor's Ratings Services assigned its 'A+' long-term rating and stable outlook to Wyandotte County Unified School District No. 500 (Kansas City), Kan.'s series 2011A certificates of participation (COPs) qualified school construction bonds (QSCBs). At the same time, Standard & Poor's affirmed its 'AA-' long-term rating and underlying rating (SPUR), with a stable outlook, on the district's general obligation debt and its 'A+' long-term rating, with a stable outlook, on the district's existing COPs. The 'A+' rating reflects our view of the district's: Strong general credit characteristics, as lessee; and Best efforts to annually budget and appropriate lease payments. Revenues derived from rental payments by the district, in a lease-purchase agreement with Security Bank of Kansas City, as lessor,...
Companies mentioned in this report are: Wyandotte Cnty Unif Sch Dist #500-Kansas City
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.
SHOW LESS READ MORE >
Wyandotte Cnty Unif Sch Dist #500-Kansas City