Channelview Independent School District, Texas; School State Program Mar 11
Standard & Poors, March 2011
Abstract
Standard & Poor's Ratings Services assigned its 'AAA' enhanced rating and 'A+' issuer credit rating (ICR) to Channelview Independent School District, Texas' series 2011Q taxable series unlimited-tax qualified school construction bonds. Standard & Poor's also affirmed its 'A+' ICR on the district's general obligation (GO) debt and its 'AAA' enhanced school program rating on certain series of the district's previously issued GO debt. The outlook is stable. The 'AAA' enhanced 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 the district can use to meet debt service on bonds guaranteed by the program. The 'A+' ICR reflects our assessment of...
Companies mentioned in this report are:
- Channelview 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
- Channelview Indpt Sch Dist
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