Humble Independent School District, Texas; General Obligation; School State Program Nov 10
Standard & Poors, November 2010
Abstract
Standard & Poor's Ratings Services assigned its 'AAA' enhanced rating and AA-' long-term rating to Humble Independent School District, Texas' series 2010A unlimited tax school building bonds and series 2010B unlimited tax refunding bonds. At the same time, Standard & Poor's affirmed its 'AA-' underlying rating (SPUR) and issuer credit rating (ICR) on the district's existing general obligation (GO) debt. Finally, Standard & Poor's affirmed its 'AAA' enhanced program rating on the district's existing GO debt. The outlook on all ratings is stable. The enhanced program rating reflects our view of the security of the Texas Permanent School Fund guarantee. The ICR and SPUR reflect our view of the district's: Participation in the broad Houston area economy, which boosts wealth...
Companies mentioned in this report are:
- Humble Indpt Sch Dist
Action: New Rating
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.
Research Type: Full Analysis
- Humble Indpt Sch Dist
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