Moody's Investors Service said it has downgraded to Aa3 from Aa2 the rating on approximately $20.0 million in Channelview Independent School District, Texas, outstanding parity debt.

Moody's assigned a Aa3 underlying and Aaa enhanced rating to 's $7.39 million unlimited tax refunding bonds, Series 2013.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.