New Hampton Community School District, IA GO Bonds Assigned #A# Rating On Extremely Strong Market Value

Stocks and Financial Services Press Releases Tuesday April 18, 2017 09:14
CENTENNIAL--18 Apr--S&P Global Ratings

CENTENNIAL (S&P Global Ratings) April 17, 2017--S&P Global Ratings assigned its 'A' long-term rating to New Hampton Community School District, Iowa's series 2017 unlimited-tax general obligation (GO) school bonds.

The outlook is stable. "The rating reflects our view of the district's good fund balance and moderate debt burden," said S&P Global Ratings credit analyst Angel Bacio.
"The rating further reflects our view of the district's extremely strong market value per capita and good income levels," Mr. Bacio added.

We understand the bond proceeds will be used to fund various capital improvements throughout the district. New Hampton Community School District School is located in northern Iowa in Chickasaw County roughly 166 miles from Des Moines and serves an estimated population of 6,866.

Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore be read in conjunction with such criteria. Please see Ratings Criteria at www.standardandpoors.com for further information.

Complete ratings information is available to subscribers of RatingsDirect at www.globalcreditportal.com and atwww.spcapitaliq.com.
All ratings affected by this rating action can be found on the S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column.

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