Pearl River County School District, MS# Series 2018 GO Bonds Assigned #A# Rating

Stocks and Financial Services Press Releases Wednesday June 27, 2018 09:00
CENTENNIAL--27 Jun--S&P Global Ratings

CENTENNIAL (S&P Global Ratings) June 26, 2018--S&P Global Ratings assigned its 'A' long-term rating to Pearl River County School District, Miss.' series 2018 general obligation (GO) bonds. The outlook is stable.

Officials will use proceeds for a number of districtwide projects, including classroom expansions and renovations and HVAC upgrades.

"The GO rating reflects our view of the district's stable tax base and very strong available reserves, offset by its adequate but below-average wealth and income levels," said S&P Global Ratings credit analyst Joyce Jung.

The stable outlook reflects our expectation that the district's finances will remain very strong. Therefore, we do not anticipate changing the rating within our two-year outlook horizon.
We could lower the rating if the district's reserves deteriorate to a level no longer comparable with that of its peers.

We could raise the rating if the district's economy expands, increasing its wealth and income to levels commensurate with those of higher-rated peers, and if the district implements more robust financial practices and policies.

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


Latest Press Release

มหกรรม Western China International Fair (WCIF) เผยเสน่ห์แห่งจีนตะวันตก

มหกรรม Western China International Fair (WCIF) ครั้งที่ 17 จัดขึ้นภายใต้ธีม "New Era in China, New Action of the Western China" เมื่อวันที่ 20-24 กันยายนที่ผ่านมา ที่เมืองเฉิงตู มณฑลเสฉวน ณ ศูนย์การประชุมและนิทรรศการ International Exhibition Center of...

EXIM Thailand Finances Bangkok Airways Acquisition of Aircraft to Serve Route Expansion and Economic Growth in Asia

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Puttipong Prasarttong-Osoth, President of Bangkok Airways Public Company Limited, signed a financial facility agreement at Bangkok Airways' Head Office on...

KTC boosts KTC PROUD members for the rest of the year by launching Bt. 199 Promotion campaign to ease new member financial burdens.

Ms. Phichamon Jitpentham, Vice President - Personal Loans, "KTC" or Krungthai Card Public Company Limited,organizes special "Bt. 199 Promotion" campaign for customers with financial obligations who wish to register for "KTC PROUD" Revolving Loan cards....

Digital Oasis# Cutting-Edge Audio Voice AI Systems to be showcased during the HKTDC Hong Kong Electronics Fair from October 13-16, 2018

The first smart homes purely existed as ideas, not physical structures. The world of science fiction has provided a glimpse into the endless possibilities that these homes could bring for decades, with futuristic inventions designed to provide homeowners...

Photo Release: SCB collaborates with NSTDA and FabLab to support innovations for an aging society, offering up to 20 million baht credit lines and research funding of 400,000 baht per project

Siam Commercial Bank (SCB) has joined forces with the National Science and Technology Development Agency (NSTDA) and Chassis Plus Infill Co., Ltd. (Fab Lab), a leading partner in science, technology, and innovation, to sign an MOU supporting SMEs that...

Related Topics