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Fitch rates Leander I.S.D., Texas, bonds AAA
Fitch Ratings said it assigned an AAA rating to Leander Independent School District, Texas' $279.3 million of unlimited-tax school building and refunding bonds, series 2008.
The AAA rating is based on a guaranty from the Texas Permanent School Fund.
Fitch also said it assigned an A+ underlying rating to the series 2008 bonds.
The bonds are scheduled to sell the week of April 28 by negotiated sale.
In addition, Fitch said it affirmed the A+ rating on the district's $887 million of outstanding unlimited-tax bonds (post refunding).
The outlook is stable.
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