Hennepin County Independent School District No. 281 (Robbinsdale Area Schools), Minnesota; School State Program Aug 12
- Language: English
- Published: August 2012
- Region: Minnesota
Standard & Poor's Ratings Services assigned its 'A+' issuer credit rating (ICR) to Lyon County School District, Nev.'s series 2013 general obligation (GO) limited-tax refunding bonds. In addition, Standard & Poor's affirmed its 'AAA' long-term rating on the district's GO debt outstanding, reflecting the credit enhancement of the Nevada School District Bond Guarantee Program. At the same time, we affirmed our 'A+' ICR, long-term rating, and underlying rating (SPUR) on the district's GO bonds outstanding. The outlook on all ratings is stable. The ratings reflect our view of the district's: Good median household and per capita effective buying income (EBI) levels, at 108% and 89% of the national averages, respectively; Strong financial position supported by established good financial policies and...
Companies mentioned in this report are:
- Lyon Cnty Sch Dist
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 >
- Lyon Cnty Sch Dist