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LOS ANGELES UNIFIED SCHOOL DISTRICT, CA - Moody's Research Report

Moody's assigns MIG 1 rating to Los Angeles USD's 2012-13 TRANs

Posted on: June 8, 2012, 7:43 pm

NEW YORK, June 08, 2012 --Moody's Investors Service has assigned a MIG 1 rating to Los Angeles Unified School District's approximately $650 million issue of 2012-13 Tax and Revenue Anticipation Notes, Series A. The Notes are being issued to fund the District's mid-year cash flow needs and are secured by a pledge of unrestricted, fiscal 2013 general fund receipts...

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