CHICAGO - The Greater Cleveland Regional Transit Authority will enter the market next week with $35 million of new-money, limited-tax general obligation bonds, and possibly a refunding piece, as the agency continues on track with its five-year, $433 million capital improvement program.

In advance of the sale, Moody's Investors Services upgraded the credit three notches to Aa3 from A3 based on the security of the authority's limited-tax pledge. Fitch Ratings affirmed its A rating on the RTA's $147.4 million of outstanding debt and the new issue.

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