Cuyama Joint Unified School District, CA GO Rating Removed From CreditWatch Negative And Withdrawn On Information Lapse

Stocks and Financial Services Press Releases Tuesday March 13, 2018 10:09
SAN FRANCISCO--13 Mar--S&P Global Ratings

SAN FRANCISCO (S&P Global Ratings) March 12, 2018--S&P Global Ratings has withdrawn its 'A' long-term rating on Cuyama Joint Unified School District, Calif.'s previously rated general obligation debt. At the same time, S&P Global Ratings removed the rating from CreditWatch with negative implications, where it had been placed on Dec. 11, 2017.

This action follows repeated attempts by S&P Global Ratings to obtain timely information of satisfactory quality to maintain our rating on the securities in accordance with our applicable criteria and policies. Due to the lack of information from the district, or from available public sources, we cannot come to an analytical conclusion and determine a rating outcome for the district.

The withdrawal of this rating was preceded, in accordance with our policies, by any change to the rating that we consider appropriate given available information.

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