Summary: Utah State Charter School Finance Authority, Vista At Entrada Charter School; Charter Schools Feb 12
- ID: 2054331
- February 2012
- Region: Utah
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'BB+' long-term rating to the Utah State Charter School Finance Authority's series 2012 charter school revenue bonds, issued on behalf of Vista at Entrada Charter School. The outlook is stable. The rating reflects our view of the inherent risks of charter schools and the newness of the organization, which is currently in its third year of operations. Although the school has stable enrollment, significant demand for its programs, and good operations to date, it has also experienced substantial turn over in its management team and its very brief history makes it difficult to determine trends or to project stabilized levels at this time. The long-term rating reflects our view of: The inherent risks...
Companies mentioned in this report are: Vista at Entrada Charter School,Utah St Charter Sch Fin Auth
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 >