Standard & Poor’s Tuesday upgraded the Linn-Benton Community College District’s general obligation bonds to AA-minus from A-plus. It also assigned a AA-minus to the district’s $3.5 million of Series 2008 full faith and credit obligations. The outlook is stable.

The district, based in Albany about 70 miles south of Portland, is planning to issue $4.3 million of GOs Wednesday, according to underwriter Seattle-Northwest Securities Corp.

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