S&P Global Ratings assigned its 'AA+' long-term rating to Hurst-Euless-Bedford Independent School District (ISD), Texas' estimated $17.6 million series 2026 unlimited tax refunding bonds. At the same time, we affirmed our 'AA+' long-term rating and underlying rating on the district's existing GO debt. The outlook is stable. DALLAS (S&P Global Ratings) Aug. 6, 2026--S&P Global Ratings today took the rating actions listed above. The stable outlook reflects our expectation that the district will not materially spend down its very strong reserves and will maintain its balanced operations despite increasing debt carrying charges. We could lower the rating if the district were to materially draw on reserves, which we view as a key credit factor in offsetting its high debt and
