DALLAS — Standard & Poor’s raised the underlying rating on the Conroe Independent School District to AA from AA-minus as the suburban Houston district prepares to bring two tranches of debt to market next week.

Analysts said the upgrade reflects the district’s consistent tax-base expansion, sustained enrollment growth, and “very strong financial performance.”

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.