• Moody’s drops Puerto Rico Electric Power debt to Caa3 from Caa2

• Fitch cuts Houston Airport subordinate lien revenue bonds to A

• S&P raises Mount Olive Board of Education, N.J., bonds to AA from A

• S&P elevates McClain County ISD, Okla., lease revenue bonds to A from A-

• S&P lifts Grand River Dam Authority, Okla., revenue bonds to A+

• S&P lowers West Lafayette, Ind., G.O. bonds to AA-

• Moody’s rates Knox County, Tenn., series 2014A-B G.O. bonds Aa1

• Moody’s applies Aa3 to Indiana University Health series 2014A bonds

• Fitch assigns AA+ to Campbell Union High School District, Calif., G.O. bonds

• Moody’s provides Aa2 to St. Petersburg, Fla., series 2014A-B utility revenue bonds

• Fitch gives AA- to Frenship Independent School District, Texas, series 2014 refunding bonds

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