Lewisville Independent School District, Texas; General Obligation; School State Program Dec 11
Standard & Poors, December 2011
Abstract
Standard & Poor's Ratings Services assigned its 'AAA' enhanced rating and 'AA+' issuer credit rating (ICR) to Lewisville Independent School District, Texas' series 2012 unlimited tax school building bonds. At the same time, Standard & Poor's affirmed its 'AAA' enhanced rating and 'AA+', long-term, underlying rating (SPUR), and ICR on the district's existing general obligation (GO) debt. The outlook on all ratings is stable. The program rating reflects our view of 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 that can be used to meet debt service on program-guaranteed bonds. The 'AA+' ratings reflect our view of the district's: Large, diverse, and mainly...
Companies mentioned in this report are:
- Lewisville 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
- Lewisville Indpt Sch Dist
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