FITCH UPGRADES DAYTON CITY SCHOOL DISTRICT, OH IDR TO ‘A-‘; OUTLOOK STABLE

Fitch Ratings-New York-03 October 2019: Fitch Ratings has upgraded the ratings on the following
Dayton City School District, OH obligations:

• The district’s Issuer Default Rating (IDR) to ‘A-‘ from ‘BBB+’;
• $133.6 million unlimited tax general obligation (ULTGO) bonds to ‘A-‘ from ‘BBB+’;
• -3.1 million limited tax general obligation (LTGO) bonds to ‘A-‘ from ‘BBB+’;
• $11.1 million certificates of participation (COPs) series 2012 to ‘BBB+’ from ‘BBB’.

The Rating Outlook is Stable.

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