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S&P rates Chicago Board of Education debt AA-
Standard & Poor's said it assigned an AA- rating and stable outlook to the Chicago Board of Education's $480 million of unlimited-tax general obligation refunding bonds (dedicated revenues), series 2008B.
At the same time, S&P said it affirmed the AA- rating on the board's outstanding bonds and the AA- rating on the Illinois Development Finance Authority's G.O. bonds issued for the board.
The outlook is stable.
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