Fitch Rates Ennis ISD, Texas' ULT Rfdg Bonds 'AAA' PSF/'AA-'Underlying; Outlook Stable

AUSTIN, Texas–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘AAA’ rating to the following Ennis Independent School District, TX unlimited tax (ULT) refunding bonds: –$12.1 million ULT refunding bonds, series 2016. The bonds are scheduled for negotiated sale the week of May 16. Proceeds will be used to refund a portion of the district’s outstanding ULT bonds for debt service savings. The ‘AAA’ Long-Term rating for the bonds is based on a guaranty provided by the Texas Permanent School Fund (P
Source: BusinessWire-Primary

Fitch Rates Ennis ISD, Texas' ULT Rfdg Bonds 'AAA' PSF/'AA-'Underlying; Outlook Stable