| Title: | Clay County Public School District No. 53, MO Debt Ratings Raised To 'AA', 'AA-' |
| Price: | $100.00 |
| Publication Date: | Apr 29, 2008 |
| Report Type: | News |
| Abstract: | CHICAGO (Standard&Poor's) April 29, 2008--Standard&Poor's Ratings Services has raised its issuer credit rating (ICR) on Clay County Public School District No. 53 (Liberty), Mo.'s general obligation (GO) debt to 'AA' from 'A+', reflecting consistently positive operations, maintenance of strong financial reserves, and solid tax base growth. The outlook is stable. At the same time, Standard&Poor's raised its rating on the district's lease participation certificates series 2007 to 'AA-' from 'A'. The district's pledge to appropriate the necessary rental payments to make annual debt service requirements backs the certificates. In addition, the rating service assigned its 'AA+' enhanced rating and 'AA' ICR to the district's $58 million GO school building bonds series 2008. The outlook |
| Brief Excerpt: | RESEARCH Ratings Definitions Clay County Public School District No. ##, MO Debt Ratings Raised To '##', '##-' Publication date: ##-Apr-#### Primary Credit Analyst: Justin Formas, Chicago (###) ###-####; justin_formas@standardandpoors.com... |
| Word Count: | 714 |
| Issuer: | Clay Cnty Pub Sch Dist #53 Liberty |
| Sector: | Public Finance |
| Country: | United States |
| Region: | United States |
| Format: | 
HTML
|
| Free Sample: |
Click
Here
to Download
|
Looking For Something Else?
