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Fitch Rates Hidalgo ISD, TX's ULT Rfdg Bonds 'AAA' PSF/'A-' Underlying; Outlook Stable

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAA' rating to the following Hidalgo Independent School District, Texas' (Hidalgo ISD, or the district) unlimited tax (ULT) bonds: --$4.525 million ULT refunding bonds, series 2014. The 'AAA' long-term rating on the bonds is based on a guaranty provided by the Texas Permanent School Fund (PSF), whose bond guaranty program is rated 'AAA' with a Stable outlook by Fitch. The bonds are scheduled for negotiated sale during the week of Au Reported by Business Wire 2 hours ago.

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