Lone Oak Indpt Sch Dist, TX Unltd-Tax Sch Bldg Bonds Rated 'AAA'; 'BBB+' (SPUR)/Outlook Stable - S&P Global Ratings’ Credit Research

Lone Oak Indpt Sch Dist, TX Unltd-Tax Sch Bldg Bonds Rated 'AAA'; 'BBB+' (SPUR)/Outlook Stable

Lone Oak Indpt Sch Dist, TX Unltd-Tax Sch Bldg Bonds Rated 'AAA'; 'BBB+' (SPUR)/Outlook Stable - S&P Global Ratings’ Credit Research
Lone Oak Indpt Sch Dist, TX Unltd-Tax Sch Bldg Bonds Rated 'AAA'; 'BBB+' (SPUR)/Outlook Stable
Published Aug 16, 2000
Published Aug 16, 2000
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

DALLAS (Standard&Poor's CreditWire) Aug. 16, 2000-- Standard&Poor's today assigned its triple-'A' rating and its triple-'B'-plus underlying rating (SPUR) to Lone Oak Independent School District, Texas' $4.2 million unlimited-tax school building bonds series 2000 dated Aug. 15, 2000, due Aug. 15, 2030. The bonds are scheduled to sell on Aug. 17, 2000. The outlook is stable. The enhanced rating reflects the credit enhancement provided by the Texas Permanent School Fund. The SPUR is based on the full faith and credit pledge of the district and reflects the district's: -- Limited agricultural-based local economy, -- Below-average wealth and income levels, -- Sound financial performance and position, and -- Moderate overall debt burden coupled with manageable future capital needs.

  
Report Type:

Ratings Action

Issuer
Lone Oak Independent School District
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Lone Oak Indpt Sch Dist, TX Unltd-Tax Sch Bldg Bonds Rated 'AAA'; 'BBB+' (SPUR)/Outlook Stable" Aug 16, 2000. Alacra Store. Nov 14, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Lone-Oak-Indpt-Sch-Dist-TX-Unltd-Tax-Sch-Bldg-Bonds-Rated-AAA-BBB-SPUR-Outlook-Stable-161681>
  
APA:
S&P Global Ratings’ Credit Research. (). Lone Oak Indpt Sch Dist, TX Unltd-Tax Sch Bldg Bonds Rated 'AAA'; 'BBB+' (SPUR)/Outlook Stable Aug 16, 2000. New York, NY: Alacra Store. Retrieved Nov 14, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Lone-Oak-Indpt-Sch-Dist-TX-Unltd-Tax-Sch-Bldg-Bonds-Rated-AAA-BBB-SPUR-Outlook-Stable-161681>
  
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