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Summary: St. Louis County School District C-2 (Parkway), Missouri; General Obligation Sep 11
Standard & Poors, September 2011
Standard & Poor's Ratings Services has assigned its 'AAA' long-term rating to St. Louis County School District C-2 (Parkway), Mo.'s series 2011 general obligation (GO) refunding bonds and affirmed its 'AAA' long-term rating and underlying rating (SPUR) on the district's previously rated GO debt. The outlook is stable. The ratings reflect Standard & Poor's opinion of the district's: Participation in the St. Louis regional economy; Very strong to extremely strong income and market value levels; Very strong financial position, supported with strong reserves and levy flexibility; and Low debt levels. The district's GO pledge secures the bonds. Management plans to use bond proceeds to advance refund the March 1, 2013-2024, maturities of the district's series 2004A GO bonds. The escrow...
Companies mentioned in this report are: St Louis Cnty Sch Dist C-2 Parkway
Action: New Rating
Action: Outlook: Stable
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St Louis Cnty Sch Dist C-2 Parkway