Article: Fitch Rates Allen East Local School District, OH GOs Initial 'A+'.

CHICAGO -- Fitch Ratings assigns an initial 'A+' rating to approximately $8.5 million Allen East Local School District, Ohio various purpose general obligation bonds (unlimited tax). The bonds are scheduled to sell through a negotiated underwriting led by Butler Wick & Co., Inc. during the week of June 28. The bonds are direct obligations of Allen East Local School District (the district) and are payable from unlimited ad valorem taxes. Bond proceeds will be used to finance a PK-12 school facility to replace the district's existing school buildings and finance other capital projects, including road improvements, a bus facility, and athletic fields. The Rating Outlook is ...

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