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Fitch Rates Eagle Mountain-Saginaw ISD, TX ULTs 'A+' Underlying; Outlook Stable

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A+' underlying rating to the following unlimited tax bonds of Eagle Mountain-Saginaw Independent School District, Texas (the district): --$16.9 million unlimited tax refunding bonds series 2014-A; --$3.6 million unlimited tax refunding bonds series 2014-B. Fitch also assigns an 'AAA' rating to the series 2014-A bonds, which is based on a guarantee provided by the Texas Permanent School Fund, whose claims paying ability is rated 'AAA Reported by Business Wire 2 hours ago.

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