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S&P Credit Research1790 word report
published Oct 27, 2009
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| Abstract: | Standard&Poor's Ratings Services assigned its 'A+' rating to Santa Ana Unified School District, Calif.'s general obligation (GO) bonds series 2009B, C, and D, and series 2009 GO refunding bonds (election 2008). The series D bonds are qualified school construction bonds. In addition, Standard&Poor's affirmed its 'A' underlying rating (SPUR) on the district's outstanding certificates of participation (COP) and its 'A+' rating and SPUR on the district's existing GO debt. The outlook is stable. The GO bond ratings reflect our view of the district's: Access to the diverse economic base of the greater Los Angeles and Orange County economies; Large tax base and student population; and Good estimated actual unreserved fund balance at the end of fiscal
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| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Santa Ana Unified School District, California; Appropriations; General Obligation Publication date: 27-Oct-2009 Primary Credit Analyst: Bea Chiem, San Francisco 1(415) 371-5070; bea_chiem@standardandpoors.com...
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| Report Type: | Summary
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| Issuer: | Santa Ana Unif Sch Dist
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| Sector: | Public Finance
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| Country: | United States
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| Region: | United States
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
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