West Contra Costa Unified School District, CA's TRANs Rated 'SP-1+' - S&P Global Ratings’ Credit Research

West Contra Costa Unified School District, CA's TRANs Rated 'SP-1+'

West Contra Costa Unified School District, CA's TRANs Rated 'SP-1+' - S&P Global Ratings’ Credit Research
West Contra Costa Unified School District, CA's TRANs Rated 'SP-1+'
Published Nov 19, 1999
875 words — Published Nov 19, 1999
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Abstract:

SAN FRANCISCO (Standard&Poor's CreditWire) Nov. 19, 1999--Standard&Poor's today assigned its `SP-1+' rating to West Contra Costa Unified School District, Calif.'s $20 million 1999-2000 TRANs due Dec. 6, 2000. The notes are scheduled to sell Nov. 23, 1999. The rating reflects: -- The district's pledge of unrestricted taxes, revenues, and other monies attributable to fiscal 2000, -- The district's early set-aside of TRAN repayment amounts, and -- Strong coverage of the TRAN repayment amount by projected available net general fund cash balances at fiscal year-end 2000. The district has pledged to set aside repayment amounts equal to 50% of the principal amount of the notes in January 2000, 50% in May 2000, and an amount equal to

  
Brief Excerpt:

RESEARCH West Contra Costa Unified School District, CA's TRANs Rated 'SP-1+' Publication date: 19-Nov-1999 SAN FRANCISCO (Standard & Poor's CreditWire) Nov. 19, 1999--Standard & Poor's today assigned its `SP-1+' rating to West Contra...

  
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MLA:
S&P Global Ratings’ Credit Research. "West Contra Costa Unified School District, CA's TRANs Rated 'SP-1+'" Nov 19, 1999. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/West-Contra-Costa-Unified-School-District-CA-s-TRANs-Rated-SP-1-132439>
  
APA:
S&P Global Ratings’ Credit Research. (). West Contra Costa Unified School District, CA's TRANs Rated 'SP-1+' Nov 19, 1999. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/West-Contra-Costa-Unified-School-District-CA-s-TRANs-Rated-SP-1-132439>
  
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