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Fitch Rates Roma Independent School District, Texas' GOs 'AAA' PSF
Business Wire, August 18, 2004
AUSTIN, Texas -- Fitch Ratings assigns an 'AAA' rating to Roma Independent School District, TX's (the district) $12 million unlimited tax school building bonds, series 2004. The bonds are expected to price Aug. 24 via RBC Dain Rauscher Inc. and First Southwest Co. The rating is based on a guarantee provided by the Texas Permanent School Fund, whose insurer financial strength is rated 'AAA' by Fitch. In addition, an underlying rating of 'BBB ' was assigned to the bonds on Aug. 17. The Rating Outlook is Stable.
For more information on the district, please refer to Fitch's press release dated Aug. 17, 2004 ('Fitch Rates Roma ISD, TX GO Bonds 'BBB '; Upgrades Outstanding Debt'), which is available on the Fitch Ratings web site at 'www.fitchratings.com'.
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