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

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

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 READ MORE >

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- Bad Axe Pub Sch

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