Moody's Investors Service has revised the outlook for Michigan's general obligation and related debt to positive from stable, and assigned the state's existing Aa2 G.O. rating to the planned issuance of $200 million in general obligation school loan bonds, Series 2013A (taxable).

Proceeds of the current issue will be deposited in the state's school loan revolving fund, for the purpose of making loans to school districts.

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