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Summary: Barbers Hill Independent School District, Texas; General Obligation; School State Program Dec 11 Product Image

Summary: Barbers Hill Independent School District, Texas; General Obligation; School State Program Dec 11

  • ID: 2042401
  • December 2011
  • Region: Texas
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AAA' enhanced program rating and its 'AA' issuer credit rating (ICR) to Barbers Hill Independent School District, Texas' series 2012 unlimited-tax school building bonds and series 2012 unlimited-tax qualified school construction bonds (QSCBs). At the same time, Standard & Poor's affirmed its 'AA' 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 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 bonds guaranteed by the program. The 'AA' ratings reflect our view of...

Companies mentioned in this report are:
- Barbers Hill Indpt Sch Dist

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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- Barbers Hill Indpt Sch Dist

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