Fitch Rates South San Antonio ISD, Texas' GOs 'AAA' PSF.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. assigns an 'AAA' rating on South San Antonio Independent School District South San Antonio Independent School District is a public school district based in San Antonio, Texas (USA). The district serves southern and southwestern portions of the city. , TX's (the district) $6.5 million unlimited tax refunding bonds, series 2004A. The bonds are expected to price Sept. 8 via J.P. Morgan Chase & Company and Coastal Securities. The rating is based on a guarantee provided by the Texas Permanent School Fund, whose insurer financial strength is rated 'AAA' by Fitch. In addition, a rating of 'A' (which is now an underlying rating) was assigned to the bonds on Sept. 2. The Rating Outlook is Stable. For more information on the district, please refer to Fitch's press release dated Sept. 2, 2004 ('Fitch Rates South San Antonio ISD See IDD. , TX GOs 'A''), available on the Fitch Ratings web site at 'www.fitchratings.com'. |
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