Floresville ISD, Tex., Raised to A by S&P

Standard & Poor’s raised the issuer credit rating on Floresville, Tex., Independent School District’s general obligation debt to A from BBB-plus. The outlook is stable. Standard & Poor’s also affirmed the district’s AAA program rating with a stable outlook, in line with the Texas Permanent School Fund’s guarantee.  

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER