Moody's Investors Service said it has upgraded the city of Nixa, Mo.'s general obligation unlimited tax debt to Aa3 from A1.

Concurrently, Moody's has assigned an A1 rating to the city's $1.34 million refunding certificates of participation, Series 2013. Post-sale, the city will have $2.3 million of general obligation and $1.34 million of Moody's rated lease revenue debt outstanding.

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