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Summary: Yorktown Community School Building Corp., Indiana Yorktown Community Schools; School State Program Dec 11
Standard & Poors, December 2011
Standard & Poor's Ratings Services has assigned its 'AA+' long-term rating and 'AA-' school issuer credit rating (ICR) to Yorktown Community School Building Corp., Ind.'s series 2011 taxable ad valorem property tax first mortgage bonds, issued for Yorktown Community Schools (YCS; formerly known as the Mount Pleasant Township Community School Corp.). The 'AA-' ICR reflects only the principal component of the 2011 issue, not the tax-credit component. We do not rate the latter. At the same time, Standard & Poor's affirmed its 'AA+' ratings on existing debt issued for the school corporation by the Mount Pleasant Township Community School Building Corp., Mount Pleasant Township Multi-School Building Corp., and Yorktown Pleasant View School Building Corp. The outlook on all ratings is...
Companies mentioned in this report are: Yorktown Comnty Schs,Mount Pleasant Twp Comnty Sch Bldg Corp,Mount Pleasant Twp Multi-Sch Bldg Corp,Yorktown Pleasant View Sch Bldg Corp,Yorktown Comnty Sch Bldg Corp
Action: New Rating
Action: Outlook: Stable
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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Yorktown Comnty Schs,Mount Pleasant Twp Comnty Sch Bldg Corp,Mount Pleasant Twp Multi-Sch Bldg Corp,Yorktown Pleasant View Sch Bldg Corp,Yorktown Comnty Sch Bldg Corp