Pekin Community School District, IA GO Bonds Assigned 'A' Rating On Very Strong Market Value - S&P Global Ratings’ Credit Research

Pekin Community School District, IA GO Bonds Assigned 'A' Rating On Very Strong Market Value

Pekin Community School District, IA GO Bonds Assigned 'A' Rating On Very Strong Market Value - S&P Global Ratings’ Credit Research
Pekin Community School District, IA GO Bonds Assigned 'A' Rating On Very Strong Market Value
Published Apr 12, 2017
3 pages (1037 words) — Published Apr 12, 2017
Price US$ 150.00  |  Buy this Report Now

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Abstract:

CENTENNIAL (S&P Global Ratings) April 12, 2017--S&P Global Ratings assigned its 'A' long-term rating to Pekin Community School District, Iowa's series 2017 general obligation (GO) school bonds. The outlook is stable. "The rating reflects our view of the district's good financial management practices and policies as well as its very strong market values per capita," said S&P Global Ratings credit analyst Angel Bacio. "The rating further reflects our view of the district's moderate overall debt burden," Mr. Bacio added. The district's full faith and credit unlimited ad valorem property tax GO pledge secures the bonds. Management indicates bond proceeds will be used to build, furnish, and equip additions to and repair, remodel, equip, and improve existing school facilities, including site

  
Brief Excerpt:

... at www.spcapitaliq.com. All ratings affected by this rating action can be found on the S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column....

  
Report Type:

Ratings Action

Issuer
Pekin Comnty Sch Dist
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Pekin Community School District, IA GO Bonds Assigned 'A' Rating On Very Strong Market Value" Apr 12, 2017. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Pekin-Community-School-District-IA-GO-Bonds-Assigned-A-Rating-On-Very-Strong-Market-Value-1831186>
  
APA:
S&P Global Ratings’ Credit Research. (). Pekin Community School District, IA GO Bonds Assigned 'A' Rating On Very Strong Market Value Apr 12, 2017. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Pekin-Community-School-District-IA-GO-Bonds-Assigned-A-Rating-On-Very-Strong-Market-Value-1831186>
  
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