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General Obligations

LINCOLN UNIFIED SCHOOL DISTRICT, CA - Moody's Research Report

Moody's Assigns Aa3 Rating to Lincoln Unified School District, CA's G.O. Bonds

Posted on: August 16, 2012, 2:42 pm

NEW YORK, August 16, 2012 --Moody's Investors Service has assigned a Aa3 rating to Lincoln Unified School District, California's General Obligation Bonds, Election of 2012, Series A; General Obligation Bonds, Election of 2012, Series A-1; and General Obligation Bonds, Election of 2012, Series A-2 in the approximate amount of $16.1 million. Moody's has also affirmed the rating on the district's outstanding parity debt totaling approximately $46.9 million. Bond proceeds will be used to finance new construction and modernization projects at existing school facilities...

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