{"id":35,"date":"2017-10-06T15:42:41","date_gmt":"2017-10-06T15:42:41","guid":{"rendered":"http:\/\/www.buckfinancial.net\/blog\/?p=35"},"modified":"2018-09-18T15:41:22","modified_gmt":"2018-09-18T15:41:22","slug":"buck-financial-assists-two-networks-to-gain-rating-upgrades","status":"publish","type":"post","link":"https:\/\/www.buckfinancial.net\/blog\/2017\/10\/06\/buck-financial-assists-two-networks-to-gain-rating-upgrades\/","title":{"rendered":"Buck Financial Assists Two Networks To Gain Rating Upgrades"},"content":{"rendered":"<p>Recently, Buck Financial worked with the growing CMOs KIPP LA Schools and IDEA Public Schools (TX) with tax-exempt bond financings to finance that growth.<\/p>\n<p><strong>KIPP LA Schools<\/strong> issued its third bond issue in late summer 2017 to fund $46 million in projects in greater Los Angeles, having first issued tax-exempt bonds in 2014.\u00a0 KIPP LA Schools&#8217; initial rating in 2014 was BB+, which was increased to BBB- in 2015 with their second issuance.\u00a0 The rating for the 2017 issue was increased to BBB from BBB-, its second straight rating increase.<\/p>\n<p><strong>IDEA Public Schools<\/strong>\u00a0issued the largest ever tax-exempt bond issue for a charter school in August 2017.\u00a0 IDEA&#8217;s underlying (e.g. unenhanced) rating was increased to BBB+ from its previous rating of BBB, making IDEA one of the top rated charter school organizations in the country.\u00a0 Only had handful of charter schools have earned such a high underlying rating.<\/p>\n<p>Congratulations to both these highly-deserving organizations!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, Buck Financial worked with the growing CMOs KIPP LA Schools and IDEA Public Schools (TX) with tax-exempt bond financings to finance that growth. KIPP LA Schools issued its third bond issue in late summer 2017 to fund $46 million in projects in greater Los Angeles, having first issued tax-exempt bonds in 2014.\u00a0 KIPP LA&#8230; <a href=\"https:\/\/www.buckfinancial.net\/blog\/2017\/10\/06\/buck-financial-assists-two-networks-to-gain-rating-upgrades\/\">read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/posts\/35","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/comments?post=35"}],"version-history":[{"count":3,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/posts\/35\/revisions"}],"predecessor-version":[{"id":131,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/posts\/35\/revisions\/131"}],"wp:attachment":[{"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/media?parent=35"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/categories?post=35"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buckfinancial.net\/blog\/wp-json\/wp\/v2\/tags?post=35"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}