Moody's gives Aaa to Highland Park I.S.D. bonds

Moody's Investors Service said it assigned an Aaa rating to the $70 million series 2008 unlimited tax school building bonds issued by Highland Park Independent School District, Texas.

The expected sale date is June 26.

Proceeds will be used to expand school buildings and upgrade facility infrastructure.

Moody's affirmed the Aaa rating on the district's $51.98 million in outstanding parity debt.

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