• SELECT SITE CURRENCY
Select a currency for use throughout the site
Peralta Community College District, California; General Obligation Oct 11
Standard & Poors, October 2011
Standard & Poor's Ratings Services assigned its 'A+' long-term rating to Peralta Community College District, Calif.'s 2011 taxable refunding bonds. At the same time, Standard & Poor's affirmed its 'AA-' long-term rating on the district's general obligation (GO) and 'A+' long-term rating on the district's pension obligation bonds outstanding. The outlook on all ratings is negative. The rating reflects our view of the district's: Strong underlying local economy situated in Alameda County, with full participation in the greater San Francisco Bay Area economy and strong income indicators; Continued demand for the district's educational services due in part to the recent economic downturn; and Maintenance of a good financial position during the past three fiscal years. Offsetting these foregoing strengths, in...
Companies mentioned in this report are: Peralta Comnty Coll Dist
Action: New Rating
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.
Research Type: Full Analysis
Peralta Comnty Coll Dist