Moody’s Investors Service upgraded the Waubonsee Community College District 516 one notch to Aa1 in recognition of its large and growing tax base and strong fiscal position.

The rating action came ahead of the district’s $37.3 million general obligation sale of mostly refunding bonds this week for present-value savings and restructuring. It affects $78.4 million of debt.

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.