Summary: Lawrence County Reorganized School District No. R-VIII (Aurora), Missouri; School State Program Feb 12
- ID: 2047822
- February 2012
- Region: Missouri
- Standard & Poors
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
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