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Moody's assigns initial Aa2 to Euless Dev. Corp., TX's sales tax bonds Series 2018

Moody's Investors Service has assigned an initial Aa2 to Euless Development Corporation, TX's $1.7 million Sales Tax Revenue Bonds, Series 2018. RATINGS RATIONALE The initial Aa2 rating reflects the very strong coverage levels, generally favorable pledged revenue trend, and minimal ...
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations

Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.

Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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