CHICAGO - Historic flooding in the Midwest has prompted an examination of 69 credits in four states by Standard & Poor's Corp., and could lead to future issuance of bonds to help rebuild communities that have incured billions of dollars in flood-related damages.

State and local officials along the Mississippi River and its tributaries said it was too early to place a final price tag on the flooding that has damaged public and private property and put thousands of acres of farmland under water. Standard & Poor's estimates the damage at $5 billion to $10 billion.

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