Moody's Investors Service yesterday upgraded the Abington Heights, Pa., School District's general obligation rating to A1 from A3, citing strong financial operations that have resulted in multi-year surpluses and ample reserve levels.

The upgrade in the Pennsylvania school district's rating is in conjunction with its upcoming $11 million GO bond refunding pegged to go to market within the next few months.

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.