In this webinar we will discuss the key elements of Moody's new methodology, what changes we made as a result of the RFC process, and the ratings impact

Moody's has published a new rating methodology exclusively for US K-12 public school districts, reflecting their distinct credit characteristics. The methodology incorporates credit factors unique to K-12 issuers, introduces assignment of an issuer rating for each school district reflecting its intrinsic credit strength, and assigns ratings to General Obligation and Lease obligations in relation to the issuer rating. Ratings of 637 issuers have been placed on review for upgrade or downgrade in conjunction with the new methodology.

Topics include:
  • Drivers of launching a methodology exclusively for school districts
  • Assignment of issuer rating: scorecard factors, notching factors and additional considerations
  • Assignment of GO and Lease ratings in relation to the Issuer Rating
  • Ratings impact of the new methodology
  • Resources available for more information

Speakers: 

  • Naomi Richman, Senior Vice President (Moderator)
  • Rachel Cortez, Associate Managing Director
  • Eva Bogaty, VP-Sr Credit Officer/Manager