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Summary: Mansfield, Texas; General Obligation Dec 10

Standard & Poors, December 2010

Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to Mansfield, Texas' series 2011 general obligation (GO) refunding bonds and series 2010 combination tax and revenue certificates of obligation. In addition, Standard & Poor's affirmed its 'AA' rating and underlying rating (SPUR) on the city's existing GO debt. The outlook is stable. The ratings reflect our view of the city's: Access to the Dallas-Fort Worth metropolitan area, High wealth and income levels, Strong financial position, and Strong financial management policies and practices. The preceding credit strengths are offset in part by our opinion of the city's moderately high overall debt burden as a percent of market value and high debt service carrying charges. The bonds and certificates are secured...

Companies mentioned in this report are:
- Mansfield

Action: Affirmed
Action: New Rating
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.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

- Mansfield

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