Moody's Investors Service said it has upgraded to Aa3 from A1 the underlying rating on Clear Creek-Amana Community School District, Iowa's general obligation debt, affecting $22.1 million.

Concurrently, Moody's has assigned a Aa3 rating to the district's $7.2 million GO school refunding bonds, Series 2012B. Post-sale, the district will have $23.3 million of GOULT debt outstanding, of which $22.1 million is rated by Moody's.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.