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Summary: Becker Independent School District No. 726, Minnesota; School State Program Nov 11

  • ID: 2025868
  • November 2011
  • Region: Minnesota
  • Standard & Poors

Abstract
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: Affirmed
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 READ MORE >

Note: Product cover images may vary from those shown

- Becker Indpt Sch Dist #726

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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