S&P Corrects Ratings On Two Texas Veterans Land Board's Series 2004 GO Bonds To 'AA+/A-1+' And 'AA+/A-1' Jan 12
Standard & Poors, January 2012
Abstract
CHICAGO (Standard & Poor's) Jan. 23, 2012--Standard & Poor's Ratings Services corrected its rating on Texas Veterans Land Board's taxable general obligation (GO) taxable veterans land refunding bonds series 2004 to 'AA+/A-1+' from 'AA+/A-1'. At the same time, Standard & Poor's corrected its rating on the board's taxable GO refunding bonds (Veterans Housing Assistance Program) series 2004, due Dec. 1, 2024, 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.
Texas,Texas Vets Land Brd
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