Moody's Investors Service said it has downgraded to A2 from A1 Gilroy Unified School District, Calif.'s Series 2008 certificates of participation.

Moody's affirmed the Aa3 general obligation bond rating for the district and its Aa3 2011 general obligation bond anticipation notes.

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.