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Fitch Rates Aledo ISD, TX's ULT Bonds 'AAA' TX PSF/'AA' Underlying; Outlook Stable

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AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAA' rating to the following Aledo Independent School District, Texas' (the district) unlimited tax (ULT) bonds: --$48.8 million ULT school building bonds, series 2015. The bonds are scheduled for a negotiated sale the week of Aug. 3. Proceeds from the bonds will be used for the construction, acquisition and equipment of school buildings and the purchase of new school buses. In addition, Fitch assigns an 'AA' underlying rating to th

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