Summary: Granada Hills Charter Obligated Group, California California School Finance Authority; Charter Schools - S&P Global Ratings’ Credit Research

Summary: Granada Hills Charter Obligated Group, California California School Finance Authority; Charter Schools

Summary: Granada Hills Charter Obligated Group, California California School Finance Authority; Charter Schools - S&P Global Ratings’ Credit Research
Summary: Granada Hills Charter Obligated Group, California California School Finance Authority; Charter Schools
Published Mar 25, 2024
5 pages (1947 words) — Published Mar 25, 2024
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its rating of 'BBB' to the California School Finance Authority's series 2024 charter school revenue bonds issued for Granada Hills Charter Obligated Group (GHC). S&P Global Ratings also affirmed its 'BBB' rating on the school's series 2019 and 2021 bonds. The outlook is stable. GHC plans to issue $33.2 million in debt in 2024 to further renovate its Devonshire campus. This will bring the school's total outstanding debt to approximately $94.4 million, consisting of the series 2019, 2021, and 2024 bonds. Of the series 2021 bonds, $8.8 million were used for capital improvements at the Devonshire campus, while the remainder was used to refinance the school's previously issued series 2017A bonds. The series 2024 bonds are

  
Brief Excerpt:

...+ S&P Global Ratings assigned its rating of '###' to the California School Finance Authority's series 2024 charter school revenue bonds issued for Granada Hills Charter Obligated Group (GHC). + S&P Global Ratings also affirmed its '###' rating on the school's series 2019 and 2021 bonds. + The outlook is stable....

  
Report Type:

Summary

Issuer
Granada Hills Charter Obligated Group
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Granada Hills Charter Obligated Group, California California School Finance Authority; Charter Schools" Mar 25, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Granada-Hills-Charter-Obligated-Group-California-California-School-Finance-Authority-Charter-Schools-3143180>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Granada Hills Charter Obligated Group, California California School Finance Authority; Charter Schools Mar 25, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Granada-Hills-Charter-Obligated-Group-California-California-School-Finance-Authority-Charter-Schools-3143180>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.