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S&P Corrects Texas Veterans' Land Board's Series 2007B GO Bond Rating To 'AA+/A-1' May 11 Product Image

S&P Corrects Texas Veterans' Land Board's Series 2007B GO Bond Rating To 'AA+/A-1' May 11

  • ID: 1806131
  • May 2011
  • Region: Texas
  • Standard & Poors

FEATURED COMPANIES

  • Texas
  • Texas Vets Land Brd
  • MORE

Abstract
NEW YORK (Standard & Poor's) May 26, 2011--Standard & Poor's Ratings Services corrected its rating on Texas Veterans- Land Board's series 2007B general obligation (GO) bonds (Veterans' Housing Assistance Program Fund II), supported by Texas, to 'AA+/A-1' from 'AA/A-2'. The outlook is stable....

Companies mentioned in this report are:
- Texas
- Texas Vets Land Brd

Action: Outlook: Stable
Action: Upgraded

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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

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