Press Release

Equitable School Revolving Fund, DE National Charter School Bond Outlook Revised To Positive On Loan Diversification

S&P Global Ratings revised the outlook to positive from stable, and affirmed its ‘A’ rating on the Equitable School Revolving Fund (ESRF), Del.'s senior national charter school revolving loan fund revenue bonds, issued in 2019, 2020, and 2021 in various series by the Arizona Industrial Development Authority (AZIDA), the California Infrastructure and Economic Development Bank, the Massachusetts Development Finance Agency, and the City of Albany Capital Resource Corp., N.Y