WORLD'S LARGEST MARKET RESEARCH RESOURCE — 1,519,265 REPORTS

 
 
• SEARCH FOR A REPORT

Viewing report

Search
Enter keywords, a title or a report id number below.
Advanced

• ORDER BY FAX

Order By Fax

• SELECT SITE CURRENCY

Select a currency for use throughout the site



  • Electronic Information Icon
Live Chat Live Help Software for Website

Mansfield Independent School District, Texas; Tax Secured, School State Program Jun 03

Standard & Poors, June 2003

Abstract
The 'AAA' enhanced rating on Mansfield Independent School District, Texas' series 2003 unlimited-tax school building and refunding bonds is based on the security of the Texas Permanent School Fund guarantee. The 'A+' Standard & Poor's underlying rating (SPUR) reflects the district's: Location in the rapidly growing Dallas-Fort Worth MSA economic area, leading to strong tax base growth; Above-average income levels; and Strong financial performance despite growth pressures. Mitigating credit factors include the district's: Rapidly increasing student enrollment; and Capital needs, which will further pressure an already high debt burden. The district's GO pledge secures the bonds. Mansfield Independent School District, with a population of 81,222, is southeast of Fort Worth, Texas and includes the northern edge of Arlington, Texas, allowing...

Companies mentioned in this report are:
- Mansfield 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

- Mansfield Indpt Sch Dist

Customers who bought this item also bought