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RISD Receives Highest Bond Ratings from Moody's and S&P - Richardson ISD
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RISD Receives Highest Bond Ratings from Moody's and S&P - Richardson ISD
Moody’s Investors Service assigned its Aaa underlying rating and Standard & Poor’s assigned its underlying AA+ rating to Richardson ISD’s upcoming sale of $285 million of school building bonds. Moody’s analysts stated, “The Aaa issuer rating reflects the district’s favorable location within the Dallas metropolitan area exhibiting average resident income levels and a long history of solid financial reserves despite recent imbalance in operations…
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