Summary: Mansfield Independent School District, Texas; General Obligation; School State Program May 10
- ID: 1784880
- May 2010
- Region: Texas
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AAA' enhanced program rating and 'AA' school issuer credit rating (ICR), and stable outlook, to Mansfield Independent School District, Texas' series 2010 unlimited-tax general obligation (GO) refunding bonds and affirmed its 'AAA' enhanced program rating and 'AA' long-term rating and ICR, with a stable outlook, on the district's existing GO debt. The 'AAA' 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 the district can use to meet debt service on program-guaranteed bonds. The 'AA' rating reflects our opinion of the district's: Inclusion in the diverse and expanding Dallas-Fort Worth metropolitan statistical area, leading...
Companies mentioned in this report are:
- Mansfield Indpt Sch Dist
- Texas Perm Sch Fd
Action: New Rating
Action: Outlook: Stable
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