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Alief Independent School District, TX Enrollment Growth Expected To Slow, Outlook To Positive Apr 05
Standard & Poors, April 2005
Abstract
NEW YORK (Standard & Poor's) April 14, 2005-- Standard & Poor's Ratings Services revised its outlook on Alief Independent School District, Texas' general obligation debt rating outstanding to positive from stable based on the expectation that the projected slow down of student enrollment growth, coupled with rapid principal amortization, should lessen the district's growth pressures and moderate its future debt burden. The rating agency also assigned its 'AA-' underlying rating (SPUR), and positive outlook, to the district's $49.9 million series 2005 unlimited-tax general obligation school building and refunding bonds. The bonds are scheduled to sell on April 19. Simultaneously, Standard & Poor's affirmed its 'AA-' SPUR on the district's general obligation debt outstanding. The SPUR reflects the district's participation in...
Companies mentioned in this report are: Alief Indpt Sch Dist
Action: Affirmed
Action: New Rating
Action: Outlook: Positive
Action: Outlook: Stable
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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