Moody's Investors Service has assigned a Aaa rating to the to Community College District 532, Ill.'s $1.5 general obligation (limited tax) refunding debt certificates, Series 2012, and upgraded the district's outstanding parity general obligation limited tax debt certificates to Aaa from Aa1.

Moody's also affirmed the Aaa rating on the district's outstanding general obligation limited tax debt secured by the district's debt service extension base (DSEB). Post sale, the district will have $23.2 million in Aaa rated general obligation limited tax debt.

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