S&P Global Ratings assigned its'BB'long-term rating to the South Carolina Jobs-Economic Development Authority's $47.2 million series 2026A (tax-exempt) and $300,000 series 2026B (taxable) revenue bonds, issued for Berkeley Charter Education Assn. Inc. (BCEA). The outlook is stable. As an organization, BCEA includes three schools, Mevers School of Excellence (Mevers), Berkeley Preparatory Academy (Berkeley Prep), and Willie Jeffries School of Excellence (Willie Jeffries). All references in this report are to BCEA , unless distinguished by the individual school’s name. Berkeley Charter Education Assn. Inc. is a South Carolina nonprofit corporation, established in 2016 to support the founding of the initial school (Mevers). Total debt outstanding as of fiscal year-end June 30, 2026, is expected to be about $42.5
