LOS ANGELES — Fitch Ratings downgraded Cerritos Community College District's general obligation bond rating from AA-plus to AA, impacting $57.5 million in bonds. The outlook is stable.

Fitch analysts said they lowered the rating of the bonds, which are secured by an unlimited property tax pledge of the district, citing a weakened debt profile following a 2012 GO bond issuance that extended amortization and deferred repayment of most principal and accreted interest for more than 20 years.

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