Moody's rates Ft. Worth, Texas, ISD bonds Aaa

Moody's Investors Service said it assigned an Aa2 underlying rating and Aaa enhanced rating to Ft. Worth Independent School District, Texas' upcoming sale of $232,135,000 of school building unlimited tax bonds, series 2008.

The enhanced rating is based on a guarantee of the Texas Permanent School Fund.

Moody's also said it affirmed its Aa2 rating on the district's $326.28 million of outstanding parity debt.

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