- Published: May 2012
- Region: United States
Macoupin, Sangamon & Montgomery Counties Community Unit School District No.34 (North Mac), IL's 2012 Bonds Rated 'A' Dec 11
- Published: December 2011
- Standard & Poors
CHICAGO (Standard & Poor's) Dec. 15, 2011--Standard & Poor's Ratings Services has assigned its 'A' long-term rating to Macoupin, Sangamon & Montgomery Counties Community Unit School District No. 34 (North Mac), Ill.'s series 2012 general obligation (GO) refunding school bonds. "The stable rating outlook reflects our expectation that the district will likely maintain at least good reserve levels," said Standard & Poor's credit analyst Lin Johnson III. The 'A' rating reflects Standard & Poor's opinion of the district's: Access to Springfield, Ill., which serves as a regional employment center; Good income level indicator; Good unreserved general fund balance on a cash basis with additional liquidity available in the working cash fund; and Low overall debt burden as a percentage of...
Companies mentioned in this report are: Macoupin, Sangamon & Montgomery Cnties Comnty Unit Sch Dist No.34
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.
SHOW LESS READ MORE >
Macoupin, Sangamon & Montgomery Cnties Comnty Unit Sch Dist No.34