Summary: Vernon County Reorganized School District No. R-V (Nevada) Missouri; School State Program May 12
- Language: English
- Published: May 2012
- Region: Missouri, Nevada
Standard & Poor's Rating Services assigned its 'AA+' long-term rating and 'A+' issuer credit rating (ICR) to the Lawrence County Reorganized School District R-VIII (Aurora), Mo., series 2012 general obligation (GO) refunding bonds (Missouri direct deposit program). The outlook on the long-term bonds is negative. The outlook on the ICR is stable. At the same time, Standard & Poor's affirmed its 'A+' issuer credit rating (ICR) and 'AA+' long-term and underlying rating (SPUR) on the district's existing GO debt. The outlook on the affirmed ratings is stable. The series 2012 rating and negative outlook reflect an escrow consisting of U.S. government securities that support the bonds through the March 1, 2014, crossover date. Following the crossover date, the Missouri Direct...
Companies mentioned in this report are: Lawrence Cnty Reorg Sch Dist No. R-VIII Aurora
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.
SHOW LESS READ MORE >
Lawrence Cnty Reorg Sch Dist No. R-VIII Aurora