Bienville Parish School District No. 1, LA#s Series 2018 General Obligation Bonds Rated #A-# On Very Strong Finances

Stocks and Financial Services Press Releases Tuesday March 27, 2018 09:49
CENTENNIAL--27 Mar--S&P Global Ratings

CENTENNIAL (S&P Global Ratings) March 26, 2018--S&P Global Ratings assigned its 'A-' long-term rating to Bienville Parish School District No. 1, La.'s series 2018 general obligation bonds. The outlook is stable. "The rating reflects our opinion of the district's very strong finances," said S&P Global Ratings credit analyst Katelyn Batesel.

Offsetting these strengths is our view of the district's lack of significant economic depth and diversity, small and concentrated property base, and large retiree costs relative to the size of its budget. Bienville Parish School District No. 1 is a component of the Bienville Parish School Board, which is responsible for operations and management of the entire parishwide school system, and each individual district acts as a taxing entity for debt issuance and repayment. The stable outlook reflects our anticipation the district will maintain stable operations and strong reserves for the foreseeable future. Consequently, we do not anticipate changing the rating within the two-year outlook horizon.

If the local economy materially grows and develops, resulting in an improvement in income, market value, and tax base concentration metrics, or if the district formalizes more of its key financial management policies and practices, we could raise the rating.

If the district's financial performance deteriorates, reducing its reserves to a level that we no longer consider strong enough to offset its weaker economic metrics, we could lower the rating. 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 for further information. Complete ratings information is available to subscribers of RatingsDirect at

All ratings affected by this rating action can be found on the S&P Global Ratings' public website at Use the Ratings search box located in the left column.

Latest Press Release

Mitsubishi Motors Reports Full Year Financial Results for FY2018 and Issues FY2019 Guidance

Mitsubishi Motors Corporation has announced full-year financial results for Fiscal Year 2018 ended March 31, 2019, and issued its initial forecast for Fiscal Year 2019 ending March 31, 2020. 1. Summary of Financial Results for FY2018 In FY2018, net sales...

SETs board appointed the expert members of the Capital Market Development Fund (CMDF) Committee

The Stock Exchange of Thailand's Board of Governors resolved to appoint three experts to be members of the Capital Market Development Fund (CMDF) Committee, namely Paiboon Nalinthrangkurn, Jotika Savanananda and Anuchit Anuchitanukul. These three...

Users Rule Under Huobi#s New FastTrack Listing Model

- FastTrack also provides discounts of approximately 50% off the market value of launched coins to lucky participants. Starting next month, users will get a direct say in what projects are listed and when on Huobi Global. Huobi has revamped and...


NEXT BLOCK ASIA + Fabulous Bangkok After-Party Bangkok, Thailand will host the 2-day NEXT BLOCK ASIA "Beyond Crypto" by Krypton Events and CoinAdvice on 25-26 June 2019 at the W Hotel. The conference will bring together experts from CRYPTO and BEYOND,...

Photo Release: EXIM Thailand Visits Deputy Governor of State Bank of Vietnam To Discuss Thai Investment Prospects in Vietnam

Mrs. Warangkana Wongkhaluang (second left), Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently paid a visit to Mr. Doan Thai Son (center), Deputy Governor of State Bank of Vietnam in Hanoi to discuss monetary...

Related Topics