Moody's Affirms Aaa and Assigns Underlying VMIG 1 to $150M Texas GO Mobility Fund Bonds, Ser. 2006-B
New York, November 22, 2016-- Summary Rating Rationale. Moody's Investors Service has affirmed the Aaa underlying long-term rating assinged to the State of Texas' $150 million outstanding General Obligation Mobility Fund Bonds, Series 2006- B and assigned an underlying VMIG 1 rating to the bonds. The rating action on the bonds, issued through the Texas Transportation Commission, is in conjunction with the substitution of a bank-provided standby bond purchase agreement with a...
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