CHICAGO -- Moody's Investors Service has raised the rating on the Regional Transportation Authority in Northeastern Illinois to A1 from A in anticipation of a $100 million general obligation bond sale this week.

Frederick Ollett, the authority's assistant executive director for finance and administration, said the bond issue is expected to be priced Wednesday in a negotiated deal headed by Merrill Lynch & Co., with the closing scheduled for Nov. 19.

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