Summary: St. Francois County R-VII School District (Farmington), Missouri; School State Program Dec 12
- Language: English
- Published: December 2012
- Region: Missouri
Standard & Poor's Ratings Services has assigned its 'AA+' long-term rating, with a negative outlook, to St. Francois County R-III School District (Central), Mo.'s series 2011 general obligation (GO) refunding bonds and affirmed its 'AA+' long-term rating with a stable outlook on the district's existing GO debt. The rating on the series 2011 bonds reflects an escrow made up of U.S. government securities that support the bonds through the March 1, 2012, crossover date. Following the crossover date, the bonds will be supported by the Missouri Direct Deposit of State Aid program through maturity. The rating on the existing debt reflects Standard & Poor's assessment of the school district's eligibility for, and participation in, the Missouri Direct Deposit of State...
Companies mentioned in this report are: St. Francois Cnty R-III Sch Dist (Central)
Action: New Rating
Action: Outlook: Negative
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St. Francois Cnty R-III Sch Dist (Central)