Salinas City Elementary School District, CA Debt Ratings Raised One Notch On Improved Financial Profile, Tax Base Growth

Stocks and Financial Services Press Releases Friday February 9, 2018 08:36
SAN FRANCISCO--9 Feb--S&P Global Ratings

SAN FRANCISCO (S&P Global Ratings) Feb. 8, 2018--S&P Global Ratings raised its underlying rating (SPUR) to 'A+' from 'A' on Salinas City Elementary School District, Calif.'s outstanding general obligation (GO) bonds, and raised its SPUR to 'A' from 'A-' on the district's outstanding certificates of participation (COPs). At the same, S&P Global Ratings assigned its 'A+' long-term rating to the district's 2018 series A and B GO refunding bonds and its election of 2008 series C GO bonds.

The outlook on all ratings is stable. "The rating action is based on our view of the district's improving financial profile, as well as its growing population and tax base, since the fiscal 2011-2013 time period," said S&P Global Ratings credit analyst Chris Grant.


Latest Press Release

KASIKORNBANK announces 2018 net profit of Baht 38,459 Million

Mr. Patchara Samalapa, President of KASIKORNBANK, said KASIKORNBANK announced net profit for the year of 2018 of Baht 38,459 Million, an increase of Baht 4,121 Million or 12.00% over the previous year. Operating performance for the year of 2018 compared...

Siam Commercial Bank reported 2018 net profit of Baht 40.1 billion

Siam Commercial Bank and its subsidiaries announced net profit of Baht 7.1 billion in the fourth quarter of 2018 and Baht 40.1 billion for 2018 (based on unaudited consolidated financial statements), a 7.1% yoy decrease from a year ago. Total operating...

Johnson Johnson Completes Acquisition of Ci:z Holdings Co., Ltd.

Johnson & Johnson (NYSE:JNJ) today announced the completion of the acquisition of Ci:z Holdings Co., Ltd. (TYO: 4924) (the "Company") for a total purchase price of approximately JPY / CNY230 billion. The acquisition was completed through a series of...

Siam Commercial Bank Partners with Chaixi Bameekiao and Visa To facilitate QR payment for noodle franchise

- Ms. Pimjai Tongmee, SCB's Payment Product Sales and Delivery Division Executive Vice President - Mr. Panrob Kamla, President of Chaixi Bameekiao Co. Ltd - Mr. Suripong Tantiyanon, Country Manager for Visa Thailand "Siam Commercial Bank" (SCB)...

Isotropic Systems Raises $14 Million in Series A Funding Led by Boeing HorizonX Ventures to Advance Space-Based Connectivity

- Isotropic's approach to next-generation integrated terminal creates profound change in terminal economics and performance to unlock the satellite industry's full potential Isotropic Systems Ltd., the next-generation integrated satellite terminal...

Related Topics