A3 rating and negative outlook apply to $46.8M of outstanding GOULT debtNew York, February 14, 2014 -- Moody's Investors Service has downgraded to A3 from A1 the general obligation rating on Wayne-Westland Community Schools, MI. The outlook on the district has been revised to negative. The district's outstanding bonds are secured by its general obligation unlimited tax (GOULT) pledge. The A3 rating and negative outlook apply to $46.8 million of outstanding GOULT debt.
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