School District of St. Lucie County
CUSIP 79207QCV7
- Issue Currency: United States of America Dollars
- Announcement Date: 15-Nov-2018
- News: Moody`s Investors Service has upgraded St. Lucie County School District`s (FL) sales tax bonds to A1 from A2, affecting approximately $66.3 million in rated debt outstanding. Moody`s maintains the district`s Aa3 issuer rating. RATINGS RATIONALE The upgrade to A1 reflects the broad-based dedicated sales tax pledge that increased substantially over the past five years, resulting in improved debt service coverage, as well as satisfactory legal provisions including a 1.2 times additional bonds test.
- Issue Currency: United States of America Dollars
- Announcement Date: 15-Nov-2018
- News: Moody`s Investors Service has upgraded St. Lucie County School District`s (FL) sales tax bonds to A1 from A2, affecting approximately $66.3 million in rated debt outstanding. Moody`s maintains the district`s Aa3 issuer rating. RATINGS RATIONALE The upgrade to A1 reflects the broad-based dedicated sales tax pledge that increased substantially over the past five years, resulting in improved debt service coverage, as well as satisfactory legal provisions including a 1.2 times additional bonds test.
- Issue Currency: United States of America Dollars
- Announcement Date: 15-Nov-2018
- News: Moody`s Investors Service has upgraded St. Lucie County School District`s (FL) sales tax bonds to A1 from A2, affecting approximately $66.3 million in rated debt outstanding. Moody`s maintains the district`s Aa3 issuer rating. RATINGS RATIONALE The upgrade to A1 reflects the broad-based dedicated sales tax pledge that increased substantially over the past five years, resulting in improved debt service coverage, as well as satisfactory legal provisions including a 1.2 times additional bonds test.
