Summary: Becker Independent School District No. 726, Minnesota; School State Program Nov 11
- ID: 2025868
- November 2011
- Region: Minnesota
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA+' enhanced long-term rating and 'A' issuer credit rating (ICR) to Becker Independent School District No. 726, Minn.'s series 2012A general obligation (GO) refunding bonds. At the same time, Standard & Poor's affirmed its 'AA+' enhanced long-term rating and 'A' ICR on the district's GO debt outstanding. The 'AA+' enhanced long-term rating reflects the district's eligibility for, and participation in, Minnesota's School District Credit Enhancement Program, which provides the security of a standing appropriation from Minnesota's general fund in the event of a school district debt payment default. The outlook on all ratings is stable. The 'A' ICR reflects our view of the district's: Access to the deep and diverse Minneapolis-St. Paul and...
Companies mentioned in this report are:
- Becker Indpt Sch Dist #726
Action: New Rating
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