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Summary: Byron Center Public Schools, Michigan; School State Program Jan 12

  • ID: 2038947
  • January 2012
  • Region: Michigan
  • Standard & Poors
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Abstract
Standard & Poor's Ratings Services has assigned its 'A+' school issuer credit rating (ICR), and 'AA-' enhancement program rating to Byron Center Public Schools, Mich.'s series 2012 unlimited-tax general obligation (GO) school building and site bonds. We also affirmed the 'A+' school ICR rating and 'AA-' program rating, on the district's previously issued bonds. The outlook on all ratings is stable. The 'AA-' rating reflects our view of the bonds that qualify for participation in the Michigan school bond qualification and loan program. The 'A+' school ICR rating reflects our assessment of the district's: Stable local economy, supported by diverse employment opportunities provided by the district's access to Grand Rapids, Mich. (AA/Stable) and its participation in the greater Kent County...

Companies mentioned in this report are: Byron Ctr Pub Schs
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 READ MORE >

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Byron Ctr Pub Schs

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