Standard & Poor's Ratings Services said it raised its issuer credit rating to A-plus from A on Orange Grove Independent School District, Texas' outstanding general obligation bonds.

At the same time, Standard & Poor's raised its long-term rating to A-plus from A on the district's series 2009 unlimited tax refunding GO bonds. Finally, Standard & Poor's affirmed its AAA program rating on the district's various outstanding issues. The outlook on all ratings is stable.

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