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Summary: Little Elm Independent School District, Texas; General Obligation; School State Program Oct 10 Product Image

Summary: Little Elm Independent School District, Texas; General Obligation; School State Program Oct 10

  • Published: October 2010
  • Region: Texas
  • Standard & Poors

FEATURED COMPANIES

  • Little Elm Indpt Sch Dist
  • MORE

Abstract
Standard & Poor's Ratings Services raised its issuer credit rating (ICR) and underlying rating (SPUR) to 'A+' from 'A' and affirmed its 'AAA' enhanced program rating on Little Elm Independent School District, Texas' outstanding general obligation bonds. At the same time, Standard & Poor's assigned its 'A+' ICR and 'AAA' enhanced program rating to the district's series 2010 unlimited tax refunding bonds. The outlook on all bonds is stable. The raised rating is based on our view of the district's continued strong finances despite challenges with identifying its growth pattern. The ICR is further strengthened by our view of the district's access to the diverse Dallas-Fort Worth metropolitan statistical area (MSA). The enhanced rating reflects our view of the district's...

Companies mentioned in this report are:
- Little Elm Indpt Sch Dist

Action: Affirmed
Action: New Rating
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 READ MORE >

- Little Elm Indpt Sch Dist

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