SAN JACINTO – Mt. San Jacinto Community College District officials announced that they received prime financial ratings and strong outlooks from the nation’s leading investors services.
Moody’s Investor Services affirmed an “Aa1” rating for the college district’s general obligation bonds and assigned a stable outlook for the district, according to a statement released by the investor service.
S&P Global Ratings assigned its “AA” rating and also gave the district a stable outlook, according to S&P.
Due to a strong credit quality and successful marketing effort, the MSJC bonds attracted more than $346 million of investor orders during the order period Wednesday, Jan. 20. All bonds sold the morning the market opened. Of the $346.1 million investor orders,