0 CHECKOUT

Summary: Fort Bend County Municipal Utility District No. 30, Texas; General Obligation Feb 12

  • ID: 2053277
  • February 2012
  • Region: Texas
  • Standard & Poors
1 of 3

Abstract
Standard & Poor's Ratings Services assigned its 'BBB+' long-term rating and stable outlook to Fort Bend County Municipal Utility District (MUD) No. 30, Texas' series 2012 unlimited-tax general obligation (GO) refunding bonds and affirmed its 'BBB+' underlying rating (SPUR), with a stable outlook, on the district's existing GO debt. The rating reflects our opinion of the district's: Access to Houston's deep economic base, and Very strong finances. We believe what we consider the district's high overall debt somewhat constrains the rating. An unlimited ad valorem tax levied on all taxable property in the district secures the bonds. Officials intend to use bond proceeds to refund a portion of the district's series 2004 bonds, resulting in an estimated present value savings...

Companies mentioned in this report are: Fort Bend Cnty Mun Util Dist #30
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 READ MORE >

Note: Product cover images may vary from those shown
2 of 3

Fort Bend Cnty Mun Util Dist #30

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

PLEASE SELECT A FORMAT

  • Quick Help: This Credit Rating Report will be emailed to you.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

RELATED PRODUCTS from Db

Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer Inc.