Granada Hills Charter Obligated Group, CA Revenue Bond Outlook Revised To Positive On Growing Enrollment, Demand - S&P Global Ratings’ Credit Research

Granada Hills Charter Obligated Group, CA Revenue Bond Outlook Revised To Positive On Growing Enrollment, Demand

Granada Hills Charter Obligated Group, CA Revenue Bond Outlook Revised To Positive On Growing Enrollment, Demand - S&P Global Ratings’ Credit Research
Granada Hills Charter Obligated Group, CA Revenue Bond Outlook Revised To Positive On Growing Enrollment, Demand
Published Jun 25, 2021
3 pages (1439 words) — Published Jun 25, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

SAN FRANCISCO (S&P Global Ratings) June 25, 2021--S&P Global Ratings revised its outlook to positive from stable and affirmed its 'BBB-' rating on California School Finance Authority's series 2017 and 2019 charter school revenue bonds issued for Granada Hills Charter Obligated Group (GHC). At the same time, S&P Global Ratings assigned its 'BBB-' rating to the authority's series 2021 charter school projects revenue bonds, series 2021A and 2021B (taxable) refunding bonds issued for GHC. "The positive outlook reflects our view of the school's solid demand profile, growing enrollment, and improved operating margins and maximum annual debt service coverage," said S&P Global Ratings credit analyst Robert Tu. "Additionally, we expect an increase in per-pupil funding from the state for fiscal 2022, which

  
Report Type:

Ratings Action

Issuer
Granada Hills Charter Obligated Group
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings 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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Granada Hills Charter Obligated Group, CA Revenue Bond Outlook Revised To Positive On Growing Enrollment, Demand" Jun 25, 2021. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Granada-Hills-Charter-Obligated-Group-CA-Revenue-Bond-Outlook-Revised-To-Positive-On-Growing-Enrollment-Demand-2679640>
  
APA:
S&P Global Ratings’ Credit Research. (). Granada Hills Charter Obligated Group, CA Revenue Bond Outlook Revised To Positive On Growing Enrollment, Demand Jun 25, 2021. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Granada-Hills-Charter-Obligated-Group-CA-Revenue-Bond-Outlook-Revised-To-Positive-On-Growing-Enrollment-Demand-2679640>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.