Columbus Municipal School District, MS 2025 Special Obligation Bond Assigned 'A+' Rating - S&P Global Ratings’ Credit Research

Columbus Municipal School District, MS 2025 Special Obligation Bond Assigned 'A+' Rating

Columbus Municipal School District, MS 2025 Special Obligation Bond Assigned 'A+' Rating - S&P Global Ratings’ Credit Research
Columbus Municipal School District, MS 2025 Special Obligation Bond Assigned 'A+' Rating
Published Apr 18, 2025
2 pages (1107 words) — Published Apr 18, 2025
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Abstract:

S&P Global Ratings assigned its ?A+? long-term rating to the Mississippi Development Bank ?s (MBD) proposed $33.4 million series 2025 special obligation bonds, issued for the Columbus Municipal School District . The outlook is stable. The rating is based on the application of our " Methodology For Rating U.S. Governments ," published Sept. 9, 2024, on RatingsDirect. ENGLEWOOD (S&P Global Ratings) April 18, 2025—S&P Global Ratings today took the rating actions listed above. The district's environmental, social, and governance factors are neutral in our credit rating analysis. The stable outlook reflects our expectation that the district will maintain balanced operations, accounting for one-time capital spending, and robust available reserves well above its formal policy minimum. We could lower the rating

  
Brief Excerpt:

...S&P Global Ratings assigned its `A+' long-term rating to the Mississippi Development Bank's (MBD) proposed $33.4 million series 2025 special obligation bonds, issued for the Columbus Municipal School District....

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Columbus Municipal School District, MS 2025 Special Obligation Bond Assigned 'A+' Rating" Apr 18, 2025. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Columbus-Municipal-School-District-MS-2025-Special-Obligation-Bond-Assigned-A-Rating-3355625>
  
APA:
S&P Global Ratings’ Credit Research. (). Columbus Municipal School District, MS 2025 Special Obligation Bond Assigned 'A+' Rating Apr 18, 2025. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Columbus-Municipal-School-District-MS-2025-Special-Obligation-Bond-Assigned-A-Rating-3355625>
  
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