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Moody's gives Aaa to Katy I.S.D., Texas, bonds
Moody's Investors Service said it assigned an Aaa enhanced and Aa3 underlying ratings to Katy Independent School District, Texas' $100 million of unlimited-tax school building bonds, series 2008-C.
In addition, Moody's said it affirmed the Aa3 on the district's $989 million of outstanding parity debt, including the current issue.
Sale of the bonds is expected on May 14.
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