- Language: English
- 1091 Pages
- Published: October 2012
- Region: Global
Summary: Spring Hill Independent School District, Texas; School State Program
- Published: April 2011
- Region: Texas
- Standard & Poors
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Standard & Poor's Ratings Services assigned its 'AAA' enhanced program rating and 'A+' school issuer credit rating (ICR), and stable outlook, to Spring Hill Independent School District, Texas' series 2011 unlimited-tax general obligation (GO) school building and refunding bonds and affirmed its 'AAA' enhanced program rating and 'A+' ICR, with a stable outlook, on the district's existing GO debt. The 'AAA' enhanced program rating reflects Standard & Poor's opinion of the Texas Permanent School Fund guarantee's security. The ICR reflects our view of the district's: Location and participation in the deeper Longview, Texas (AA/Stable GO debt rating) economy, which serves as the county seat and the region's commercial center; Strong income levels; and Very strong financial position, supported by, what...
Companies mentioned in this report are: Spring Hill Indpt Sch Dist,Texas Perm Sch Fd
Action: New Rating
Action: Outlook: Stable
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Spring Hill Indpt Sch Dist,Texas Perm Sch Fd