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Summary: Bad Axe Public Schools, Michigan; School State Program Jan 13

  • ID: 2383532
  • January 2013
  • Region: Michigan
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'A+' school issuer credit rating (ICR) and 'AA-' enhanced long-term program rating to Bad Axe Public Schools, Mich.'s series 2013 general obligation (GO) unlimited-tax refunding bonds. At the same time, we affirmed our 'A+' school ICR and 'AA-' long-term rating and underlying ratings (SPURs) on the district's existing bonds. The outlook on all ratings is stable. Standard & Poor's Ratings Services assigned its 'A+' school issuer credit rating (ICR) and 'AA-' enhanced long-term program rating to Bad Axe Public Schools, Mich.'s series 2013 general obligation (GO) unlimited-tax refunding bonds. At the same time, we affirmed our 'A+' school ICR and 'AA-' long-term rating and underlying ratings (SPURs) on the district's existing bonds. The...

Companies mentioned in this report are:
- Bad Axe Pub Sch

Action: Affirmed
Action: New Rating

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- Bad Axe Pub Sch

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