ICR On Sweetwater Independent School District, TX Raised To 'A+' On Improved Financial Position - S&P Global Ratings’ Credit Research

ICR On Sweetwater Independent School District, TX Raised To 'A+' On Improved Financial Position

ICR On Sweetwater Independent School District, TX Raised To 'A+' On Improved Financial Position - S&P Global Ratings’ Credit Research
ICR On Sweetwater Independent School District, TX Raised To 'A+' On Improved Financial Position
Published Feb 20, 2013
Published Feb 20, 2013
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Abstract:

DALLAS (Standard&Poor's) Feb. 20, 2013--Standard&Poor's Ratings Services raised its issuer credit rating (ICR) one notch to 'A+' from 'A' on Sweetwater Independent School District, Texas' general obligation (GO) bonds outstanding. At the same time, Standard&Poor's affirmed its 'AAA' enhanced program rating on the district's GO bonds outstanding. The outlook on all ratings is stable. "The raised rating is due primarily to our view of the district's substantially improved financial position," said Standard&Poor's credit analyst Lauren Spalten. The 'A+' ICR also reflects our view of the district's: Expanding property tax base and stable student enrollment; Strong wealth and good income levels; and Low overall net debt burden of market value, coupled with limited

  
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MLA:
S&P Global Ratings’ Credit Research. "ICR On Sweetwater Independent School District, TX Raised To 'A+' On Improved Financial Position" Feb 20, 2013. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/ICR-On-Sweetwater-Independent-School-District-TX-Raised-To-A-On-Improved-Financial-Position-1081031>
  
APA:
S&P Global Ratings’ Credit Research. (). ICR On Sweetwater Independent School District, TX Raised To 'A+' On Improved Financial Position Feb 20, 2013. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/ICR-On-Sweetwater-Independent-School-District-TX-Raised-To-A-On-Improved-Financial-Position-1081031>
  
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