OREANDA-NEWS. More-->S&P Global Ratings revised the outlook to stable from negative and affirmed its 'BB+' long-term rating on Riverhead IDA Economic Job Development Corp., N. Y.'s series 2013A and 2013B revenue bonds issued on behalf of Riverhead Charter Schools (RCS).

"The outlook revision reflects our view of the school's progress in addressing the charter authorizer's concerns, including academic progress, improved teacher retention, and stabilized governance," said S&P Global Ratings credit analyst Debra Boyd.