Moody's, S&P Reaffirm RISD's Strong Ratings - Richardson ISD - RISD We Are One

Moody's, S&P Reaffirm RISD's Strong Ratings - Richardson ISD - RISD We Are One

Moody’s Investors Service assigned its Aaa underlying rating and Standard & Poor’s assigned its underlying AA-plus rating to Richardson ISD’s upcoming sale of $25 million of school building bonds. Both ratings agencies said the outlook on RISD’s debt remains stable. Moody’s analysts cited RISD’s “sound financial operations” and “conservative expenditure management” as rationale in assigning the top rating. The underlying triple-A rating also ref…