Some Texas School Firsts

Albanese, Elizabeth
November 2004
Bond Buyer;11/30/2004, Vol. 350 Issue 32019, p1
Trade Publication
The article reports on business development in Dallas, Texas. The School of Excellence of San Antonio, Texas, a K-12 charter school, is expected to go to market next week with a $9,165 million offering of double-B rated revenue bonds. The fixed-rate sale, tentatively scheduled for December 1, 2004 marks the first charter school deal in the state not financed by a Texas bank or sold in a private placement. Texas charter school bonds sold with non-investment grade ratings. All previous charter deals have come to market in the Lone Star State either nonrated or with ratings of at least triple-B minus.


Related Articles

  • Escondido High Makes the Grade. Saskal, Rich // Bond Buyer;6/2/2006, Vol. 356 Issue 32394, p1 

    The article reports that the Escondido Charter High School and the Heritage K-8 Charter School in California will be issuing $26 million of investment-grade bond. The deal carries a BBB-minus rating from Standard and Poor's. The investment-grade rating of the bond reflects the solid track record...

  • Colorado's Moral Obligation Pledge to Be Tested by Charter School Issues. Albanese, Elizabeth // Bond Buyer;9/8/2003, Vol. 345 Issue 31714, p29 

    Reports that two largest charter schools in Colorado plans to sell the first bond issues backed a state moral obligation pledge during the September 2003. Expectations for rating to be assigned for the deal by rating agencies; Provision for charter schools under a state law approved in the year...

  • Poor Performers Drag Down Arizona Charter School Pool. Watts, Jim // Bond Buyer;4/28/2005, Vol. 352 Issue 32121, p4 

    The article reports that poor performance by several members of a charter school bond pool in Arizona in February has resulted in a below-investment grade rating for $26.5 million of outstanding education revenue bonds issued in 2001 by the Maricopa County Industrial Development Authority. The...

  • Essex Co., N.J., Outlook to Positive.  // Bond Buyer;10/21/2004, Vol. 350 Issue 31994, p2 

    Reports on the general obligation bond ratings assigned by Fitch Ratings to Essex County, New Jersey. Rating outlook on the general obligation bonds and county-guaranteed bonds; Basis for assigning A-plus rating to the county college bonds; Reflection for the revision of rating outlook in the...

  • Alabama Sale Hurt by Rating Confusion. Sigo, Shelly // Bond Buyer;6/15/2009, Vol. 368 Issue 33131, p1 

    The article reports on the potential contribution on the confused rating outlook of the Alabama Public School and College Authority (APSCA) on its failure to market its bonds in 2009. Several securities experts perceive that the confusion over the outlook for the rating of the APSCA may have...

  • South Carolina School District to Issue $63.4M in Tans. deSue, Tedra // Bond Buyer;7/16/2008, Vol. 365 Issue 32919, p6 

    The article reports on the issuance of the Charleston County School District in South Carolina of a $63.4 million of tax anticipation notes in a deal that carries the highest short-term rating offered by Moody's Investors Service Inc. Moody's pulled the positive outlook it had in place on the...

  • Pima Co. IDA, Ariz., Cut to BB by S&P.  // Bond Buyer;1/10/2007, Vol. 359 Issue 32545, p2 

    The article reports that Standard & Poor's Corp. has lowered its rating on Pima County, Arizona Industrial Development's Series 2003A and the 2006 education revenue bonds to BB from BB-plus. This negative outlook was supported by Paragon Management Inc. and is based on the school's poor...

  • Moody's raises Kentucky school debt in wake of state's upgrade. Reisman, Michael // Bond Buyer;6/10/99, Vol. 328 Issue 30659, p4 

    Reports on the upgrade of Kentucky's school debt by Moody's Investors Service Corp. Increase of the rating of the state's school district enhancement program.

  • West Bloomfield, Mich., Schools Cut.  // Bond Buyer;03/08/2001, Vol. 335 Issue 31092, p2 

    Reports on the rating of the bonds of West Bloomfield, Michigan School District.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics