Summary: Humble Independent School District, Texas; School State Program
Standard & Poors, November 2008
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.
Abstract
Standard & Poor's Ratings Services affirmed its 'AAA/A-1' rating on Humble Independent School District, Texas' adjustable-rate unlimited-tax school building bonds series 2003 due to the bank facility being extended to July 11, 2011. The long-term component of the rating is based on the Texas Permanent School Fund guarantee. The short-term component of the rating is based on Dexia Credit Local....
Companies mentioned in this report are: Humble Indpt Sch Dist
Action: Affirmed
Humble Indpt Sch Dist
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