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Moody's rates Tomball ISD bonds Aaa
Moody's Investors Service said it assigned an A1 underlying and Aaa enhanced rating to Tomball Independent School District, Texas' series 2008 unlimited tax school building and refunding bonds, including $75 million in principal new money and $28,735,000 of refunding bonds.
The enhanced rating is based on a guarantee from the Texas Permanent School Fund.
Moody's also said it affirmed the A1 rating on the district's approximately $211.9 million of outstanding parity debt.
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