S&P Global Ratings assigned its 'AA+' long-term enhanced rating and 'AA-' underlying rating to Southwest Allen Multi-School Building Corp. , Ind.'s roughly $25 million series 2025 ad valorem property-tax first-mortgage bonds, issued for Southwest Allen County Metropolitan School District . We also affirmed our 'AA+' long-term enhanced rating and 'AA-' underlying rating on the district's existing general obligation (GO) debt. The outlook is stable. CHICAGO (S&P Global Ratings) Oct. 2, 2025--S&P Global Ratings today took the rating actions listed above. We view environmental, social, and governance risks as credit neutral in our rating analysis. The stable outlook reflects S&P Global Ratings' expectation that the district will likely maintain healthy cash-based reserves. The district's proximity to Fort Wayne provides additional rating
