Coppell Independent School District, Texas; General Obligation; School State Program

Standard & Poors, April 2011

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Research Type: Full Analysis

Abstract
Standard & Poor's Ratings Services assigned its 'AAA' enhanced program rating and 'AA' issuer credit rating (ICR) to Coppell Independent School District, Texas' series 2011 unlimited-tax school building bonds. At the same time, Standard & Poor's affirmed its 'AA' underlying rating (SPUR) and 'AA' ICR on the district's existing general obligation (GO) debt. The outlook is stable. In addition, Standard & Poor's affirmed its 'AAA' program rating on certain series of the district's GO debt. The program rating reflects the district's eligibility for, and participation in, the Texas Permanent School Fund bond guarantee program, which provides the security of a permanent fund of assets that can be used to meet debt service on program-guaranteed bonds. In our view, the 'AA'...

Companies mentioned in this report are: Coppell Indpt Sch Dist
Action: New Rating

Coppell Indpt Sch Dist

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