2010-03-23 22:14:02 -
Fitch Ratings takes the following action on Cotulla Independent School District (ISD), Texas' bonds.
--$2,525,000 unlimited tax (ULT) refunding bonds, series 2010 rated 'AAA' based on a guarantee provided by the Texas Permanent School Fund (PSF), whose Insurer Financial Strength is rated 'AAA' by Fitch.
The bonds are expected to price via negotiation on March 30, 2010.
The PSF Rating Outlook is Stable.
This rating action reflects the application of Fitch's current criteria which are available at ' www.fitchratings.com : 
' and specifically includes the following report.
--'State Revolving Fund and Municipal Loan Pool Rating Guidelines' dated April 28, 2008.
Additional information is available at ' www.fitchratings.com : '.
ALL FITCH CREDIT RATINGS
ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK:
FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS :
.
IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE ' WWW.FITCHRATINGS.COM :
'.
PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
Fitch Ratings, AustinMark Campa, 512-215-3727Rebecca Moses,
512-215-3739orMedia Relations:Brian Bertsch,
212-908-0549, New YorkEmail:
brian.bertsch@fitchratings.com : mailto:brian.bertsch@fitchratings.com Sandro
Scenga, 212-908-0278, New YorkEmail:
sandro.scenga@fitchratings.com : mailto:sandro.scenga@fitchratings.com
