Moody's Investors Service said it has assigned a Aa3 rating to the Delaware County Regional Water Quality Control Authority's (DELCORA) $34.5 million sewer revenue bonds, Series of 2013, and upgraded to Aa3 from A1 the rating on DELCORA's $41.8 million of outstanding sewer revenue bonds; the outlook is stable.

Proceeds of the current issue will fund capital improvements, including the design and construction of a new municipal wastewater system.

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