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Moody's rates Frisco I.S.D., Texas, bonds Aaa
Moody's Investors Service said it assigned an Aaa enhanced rating and A1 underlying rating to Frisco Independent School District, Texas' $90 million of series 2008 unlimited tax school building bonds.
The enhanced rating is based on a guarantee from the Texas Permanent School Fund.
At the same time, Moody's said it affirmed the district's A1 underlying rating, affecting a total of $992.9 million of parity debt, including the current issue.
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