S&P Global Ratings assigned its 'A' long-term rating to Cochise County Unified School District (USD) No. 13 (Wilcox), Ariz.'s estimated $7 million school improvement bonds, project of 2023, series A 2024 (bank qualified). At the same time, S&P Global Ratings affirmed its 'A' underlying rating (SPUR) on the district's previously issued general obligation debt. The outlook is stable. The bonds are secured by unlimited ad valorem property taxes and represent the first installment of an aggregate principal amount of $15 million of school improvement bonds authorized at the 2023 election. The district expects to issue the final $8 million in 2026 or 2027. Bond proceeds will be used for school construction and improvement projects, to increase energy efficiency, to upgrade
