New London-Spicer Independent School District No. 345 GO Refunding Bonds Report March 2026
S&P rates New London-Spicer 2026A GO refunding bonds
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Description
Standard & Poor's Financial Services LLC, through S&P Global Ratings, provided credit ratings for New London-Spicer ISD No. 345's approximately $8.27 million Series 2026A general obligation refunding bonds, assigning a 'AAA' long-term rating and an 'A-' underlying rating. The rating action also affirmed the district's existing GO bond ratings for debt maturing through February 1, 2033.
Contract Details
Vendor
STANDARD & POOR'S FINANCIAL SERVICES LLC
Agency
New London-Spicer School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
March 3, 2026
Contract Term
March 9, 2026 – February 1, 2033 (bond maturity schedule)
Renewal Date
2033-02-01
Renewal Info
Covers analytical rating services for the Series 2026A GO refunding bonds dated March 9, 2026, with bonds maturing through February 1, 2033; ongoing surveillance follows S&P Global Ratings policies and is not on a fixed contractual renewal cycle disclosed in the report.
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