Standard & Poor's Ratings Services said it has lowered its school issuer credit rating on Clinton Central 2009 School Building Corp., Ind.'s (Clinton Central School Corp.) series 2010 ad valorem property tax first mortgage refunding bonds by one notch to A from A-plus.

At the same time, Standard & Poor's has affirmed its AA-plus long-term rating on the issue. The outlook is stable.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.