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Published on 7/2/2008 in the Prospect News Municipals Daily.

S&P gives AAA to Midway I.S.D. bonds

Standard & Poor's said it assigned an AAA enhanced program rating and AA- issuer credit rating to Midway Independent School District, Texas' $55.782 million series 2008 unlimited-tax school building and refunding bonds.

The bonds are dated July 15 and are due Aug. 15, 2026.

The enhanced rating is based on the guarantee provided by the Texas Permanent School Fund.

The outlook is stable.


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