- Published: August 2009
- Region: United States
Summary: St. Louis County School District (Maplewood-Richmond Heights), Missouri; General Obligation Dec 10
- Published: December 2010
- Region: Missouri
- Standard & Poors
Standard & Poor's Rating Services assigned its 'AA-' long-term rating to St. Louis County School District (Maplewood-Richmond Heights), Mo.'s general obligation (GO) bonds. At the same time, Standard & Poor's affirmed its 'AA-' long-term and underlying rating (SPUR) on the district's previously issued debt. The outlook is stable. The 'AA-' rating reflects our opinion of the district's: Participation in the St. Louis, Mo. metropolitan statistical area (MSA) regional economy; Good growth in assessed value (AV); Improved financial position, including maintenance of strong reserves; and Moderate overall net debt burden with limited future capital needs. The 'AA-' rating on the district's previously issued debt reflects its participation in the Missouri Direct Deposit Program. The series 2010D bonds are secured by an...
Companies mentioned in this report are: St. Louis Cnty Sch Dist (Maplewood-Richmond Hgts)
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 >
St. Louis Cnty Sch Dist (Maplewood-Richmond Hgts)