Research Update: Stoddard County R-XI School District, MO Series 2025A GO Bonds Assigned 'A+' Rating - S&P Global Ratings’ Credit Research

Research Update: Stoddard County R-XI School District, MO Series 2025A GO Bonds Assigned 'A+' Rating

Research Update: Stoddard County R-XI School District, MO Series 2025A GO Bonds Assigned 'A+' Rating - S&P Global Ratings’ Credit Research
Research Update: Stoddard County R-XI School District, MO Series 2025A GO Bonds Assigned 'A+' Rating
Published May 09, 2025
Published May 09, 2025
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Abstract:

S&P Global Ratings assigned its ?AA+? rating (credit enhanced) and ?A+? underlying rating to Stoddard County R-XI School District (Dexter), Mo.?s anticipated $17 million series 2025A general obligation (GO) bonds. We also affirmed our ?A+? rating on the district?s GO debt outstanding, our 'A+' issuer credit rating, and our 'A' rating on the district's certificates of participation (COPs). The outlook is stable. The underlying rating reflects the application of our " Methodology For Rating U.S. Governments ," published Sept. 9, 2024. The district?s full-faith-and-credit GO pledge, including its unlimited ad valorem taxing powers, secure the GO bonds. District voters authorized $17 million in GO bonding in April 2025 and this issuance will maximize that authority. The district will apply bond

  
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Research Update

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Stoddard County R-XI School District, MO Series 2025A GO Bonds Assigned 'A+' Rating" May 09, 2025. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Stoddard-County-R-XI-School-District-MO-Series-2025A-GO-Bonds-Assigned-A-Rating-3367249>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Stoddard County R-XI School District, MO Series 2025A GO Bonds Assigned 'A+' Rating May 09, 2025. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Stoddard-County-R-XI-School-District-MO-Series-2025A-GO-Bonds-Assigned-A-Rating-3367249>
  
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