Standard&Poor's Ratings Services assigned its 'AA-' long-term rating to Canadian County Independent School District No. 69 (Mustang), Okla.'s series 2013 general obligation (GO) combined purpose bonds. In addition, Standard&Poor's affirmed its 'A+' long-term rating on Canadian County Educational Facilities Authority, Okla.'s outstanding educational facilities lease-revenue bonds issued on behalf of the district. Finally, Standard&Poor's affirmed its 'AA-' long-term rating on the district's outstanding GO debt. The outlook on all ratings is stable. The rating reflects our view of the district's: Inclusion in the diverse Oklahoma City, metropolitan statistical area (MSA) regional economy; Strong wealth and income levels; Good financial position; and Moderate overall debt levels, coupled with a rapid five-year principal amortization schedule. Offsetting
