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Summary: Hamilton Township Board Of Education (Atlantic County), New Jersey; School State Program Jan 12
Standard & Poors, January 2012
Standard & Poor's Ratings Services assigned its 'AA-' program rating and 'A+' school issuer credit rating (ICR) and stable outlook to Hamilton Township Board of Education (Atlantic County), N.J.'s series 2012 general obligation (GO) refunding school bonds and affirmed its 'AA-' program rating and 'A+' ICR, with a stable outlook, on the district's existing GO debt. The program rating reflects the additional security provided by the New Jersey Fund for the Support of Free Public Schools. The ICR reflects our view of the board's: Diverse and stable local economy, which benefits from its access to the Atlantic City ('A' GO debt rating) and Philadelphia (BBB) regional employment centers; Strong wealth and income; and Moderate overall net debt, coupled with, what...
Companies mentioned in this report are: Hamilton Twp Brd of Ed (Atlantic Cnty),Hamilton Twp (Atlantic Cnty)
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.
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.
Hamilton Twp Brd of Ed (Atlantic Cnty),Hamilton Twp (Atlantic Cnty)