Moody's Investors Service said it has downgraded to Aa3 from Aa2 the rating on Cook County High School District 220 (Reavis), Ill.'s general obligation limited tax debt.

Concurrently, Moody's assigned a Aa3 rating to the district's $14.5 million general obligation limited school bonds, Series 2013. The Aa3 rating applies to $27.7 million of outstanding GOLT debt, post-sale.

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