Research Update: Roosevelt Charter Academy, CO 2025A-B Charter School Revenue Bonds Rated 'A+' - S&P Global Ratings’ Credit Research

Research Update: Roosevelt Charter Academy, CO 2025A-B Charter School Revenue Bonds Rated 'A+'

Research Update: Roosevelt Charter Academy, CO 2025A-B Charter School Revenue Bonds Rated 'A+' - S&P Global Ratings’ Credit Research
Research Update: Roosevelt Charter Academy, CO 2025A-B Charter School Revenue Bonds Rated 'A+'
Published Apr 30, 2025
4 pages (2052 words) — Published Apr 30, 2025
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About This Report

  
Abstract:

S&P Global Ratings assigned its 'A+' long-term rating to the Colorado Educational&Cultural Facilities Authority 's (Roosevelt Charter Academy Project) $11.015 million series 2025A (tax-exempt) and $44,000 series 2025B (taxable) charter school revenue bonds, issued for Roosevelt Charter Academy Building Corp. , Colo. S&P Global Ratings' underlying rating is 'BBB-'. The outlook is stable. The rating is based on Roosevelt Charter Academy's inclusion in the State of Colorado moral obligation program for charter schools, reflecting the application of the moral obligation from Colorado. The bonds are secured by pledged revenues, which includes per-pupil funding, a fee-simple mortgage on the school's real estate, and a debt service reserve fund equal to maximum annual debt service. The security is enhanced by

  
Brief Excerpt:

...Ratings List New Rating Local Government Roosevelt Charter Academy, CO Charter School Program A+/Stable...

  
Report Type:

Research Update

Issuer
Sector
Global Issuers, Public Finance
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Region
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Roosevelt Charter Academy, CO 2025A-B Charter School Revenue Bonds Rated 'A+'" Apr 30, 2025. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Roosevelt-Charter-Academy-CO-2025A-B-Charter-School-Revenue-Bonds-Rated-A-3361688>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Roosevelt Charter Academy, CO 2025A-B Charter School Revenue Bonds Rated 'A+' Apr 30, 2025. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Roosevelt-Charter-Academy-CO-2025A-B-Charter-School-Revenue-Bonds-Rated-A-3361688>
  
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