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
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