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'A' ICR Assigned To Central Curry School District No.1 (Curry County), OR's GO Refunding Bonds Nov 11
Standard & Poors, Nov 2011
Abstract
SAN FRANCISCO (Standard & Poor's) Nov. 29, 2011-- Standard & Poor's Ratings Services assigned its 'AA+' long-term rating and 'A' school issuer credit rating (ICR) to Central Curry School District No. 1 (Curry County), Ore.'s series 2011 general obligation (GO) refunding bonds. At the same time, Standard & Poor's affirmed its 'AA+' long-term and underlying rating (SPUR) on the district's GO debt (based on the Oregon School Bond Guaranty Program). The outlook on all ratings is stable. The 'A' ICR reflects our view of the district's good local economy, good income indicators, and strong wealth levels,' said Standard & Poor's credit analyst Li Yang. 'Further supporting the rating is the district's good financial position,' Mr. Yang added. We understand that...
Companies mentioned in this report are: Central Curry Sch Dist #1 Curry Cnty
Action: Affirmed
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.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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