Moody’s Investors Service last week upgraded to Aa3 from A1 its rating on Rapid City, S.D.’s sales tax revenue bonds as the city prepares to come to market.

The upgrade affects $39.5 million of debt. Rapid City is expected to price $22.7 million of sales tax revenue bonds this week.

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.